CBI raids NDTV's Prannoy Roy for 2008 deals with ICICI Bank

Complaint by Quantum alleges Rs 48-cr loss caused to bank to benefit NDTV promoters

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The residence of founder and executive chairman of NDTV, Prannoy Roy, where the Central Bureau of Investigation (CBI) conducted raids in connection with a case in which it was alleged that Roy and his wife, Radhika had caused loss to a bank, in New

N Sundaresha Subramanian Archis Mohan New Delhi

Last Updated : Jun 06 2017 | 8:53 AM IST

Officers of the Central Bureau of Investigation (CBI) on Monday raided the residence of senior journalist and co-founder of listed broadcaster New Delhi Television (NDTV) Prannoy Roy and other premises linked to the organisation.

The investigation agency has registered a case against Roy, his wife and NDTV co-promoter Radhika Roy, their private firm RRPR Holdings and NDTV India. The First Information Report (FIR) also mentions “unnamed ICICI Bank officials” among the suspects.

The FIR, which has alleged criminal conspiracy and invoked Prevention of Corruption Act, was based on a complaint by Quantum Securities, a firm run by Delhi-based stockbroker and