You are here: Home » Current Affairs » News » National
Business Standard

CBI starts probe against NFDC, Anurag Kashyap for alleged financial fraud

NFDC has been embroiled in a controversy after its managing director, Nina Lath Gupta, was sacked for allegedly favouring Sun TV networks in February, when Smriti Irani was the I&B minister

IANS  |  New Delhi 

CBI vs CBI

The has started a preliminary inquiry into the allegations of financial embezzlement and violation of norms at the Film Development Corporation (NFDC), which includes charges that the corporation made excess and undue payments to filmmaker and other film directors.

The move comes on the complaint of the

The Central Bureau of Investigation's anti-corruption branch in a letter dated October 23, addressed to the director (finance) NFDC, had stated that a preliminary inquiry had been launched against unknown officials of the corporation, Sun TV, UFO Movies, Films and other unknown people.

The had asked NFDC to furnish certain documents to help the probe, an official of the probe agency said on Thursday.

The NFDC was constituted under the in 1975. It receives central funds and other grants to participate in film festivals and make publicity films for the government.

It has been embroiled in a controversy after its managing director, Nina Lath Gupta, was sacked for allegedly favouring networks in February, when was the Information and Broadcasting Minister.

Gupta re-joined the NFDC following a order but the Ministry removed her again in May.

The I&B Ministry, however, dropped the charges against her, when Irani was replaced as minister by

First Published: Fri, November 23 2018. 02:00 IST
RECOMMENDED FOR YOU