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NDTV raid: Media outlet critical of Modi govt finds itself in a soup

CBI raided residences and offices connected to the founders of NDTV

Prannoy Roy
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Prannoy Roy. Photo courtesy: Twitter

Ellen Barry | NYT
India’s main investigative agency on Monday raided residences and offices connected to the founders of NDTV, an influential cable TV station that has had run-ins with Prime Minister Narendra Modi’s government over its news coverage.

The agency, the Central Bureau of Investigation, cited “causing an alleged loss to a bank” as the reason for the four simultaneous raids. The agency has registered cases against Prannoy and Radhika Roy, a married couple who founded NDTV, in connection with a loss of about 480 million rupees, or nearly $7.5 million, sustained by ICICI, a private bank, said R. K. Gaur, a spokesman