CBI raids on Prannoy Roy, how Subramanian Swamy played crucial role in exposing Prannoy Roy and NDTV!

Today the Central Bureau of Investigation raided the houses of Prannoy Roy, the chairperson of the New Delhi TV. According to ANI, the CBI conducted raids in Delhi and Dehradun houses where large number of documents have been seized relating to money laundering issues and benami transactions.

The CBI also registered case against Prannoy Roy and his wife Radhika Roy and a private company RRPR (Radhika Roy Prannoy Roy) for allegedly causing a loss of Rs 48 crore to ICICI Bank, said ANI report. The CBI which reached the Delhi house of Prannoy Roy at 7.30 AM in the morning questioned Prannoy Raoy and his wife in alleged money laundering case and bank frauds. Although the CBI said the raids were related to a alleged cheating case of 2008, there are reports that Prannoy Roy and his wife were involved in massive corruption relating to NDTV.

The details was first submitted by Dr Subramanian Swamy and Sri Iyer who disclosed massive frauds of NDTV and the people involved. Dr Swamy had demanded a CBI probe against Prannoy Roy and all the share holders of NDTV like Barkha Dutt, Sonia Singh, Vikram Chandra who have said to be involved in using foreign companies to divert the money to their personal accounts. The NDTV’s UK registered company NDTV Networks PLC (NNPLC) was used to transfer money in fraudulent means.

Subramanian Swamy Demands CBI-ED Probe Against NDTV, Prannoy Roy, Barkha Dutt, Sonia Singh and Vikram Chandra in Money Laundering Case!

Few months back, Subramanian Swamy had written to the Prime Minister, submitting all proof to conduct an enquiry into the NDTV frauds. The income Tax department had also caught Prannoy Roy of siphoning 53.84 crores into his personal account from NDTV. In June 2016, the Income Tax had unearthed huge fraud by Prannoy Roy and reported the same to the Police Economic Offense Wing and Enforcement Directorate.

The investigations showed that on March 8th 2010, money was granted by Reliance Group linked company VCPL to the Shell Company in which Prannoy Roy and his wife Radhika Roy have 50% shares. The money was given to increase the shareholding in NDTV from 26% to 29.19% but was diverted into their personal accounts.

Swamy had also given proof that how Rs.2030 crores and Rs.640 crores was transferred into NDTV accounts using foreign companies.


In November 2015, the ED had slapped a Rs 2,030 crore notice on NDTV for allegedly violating FEMA norms. The notice said that Prannoy Roy, his wife Radhika Roy and senior executive KVL Narayan Rao had diverted huge amount of money through foreign companies. Following the complaint, the NDTV had made an appeal in the RBI to compound Rs 2,030 crore notice issued by the Enforcement Directorate (ED) under the Foreign Exchange Management Act (FEMA). But the RBI had clearly rejected the petition and proceeded with case.

Now, the CBI has raided the house of Prannoy Roy which has shown the determination of the government to take stringent action against the corrupts. Soon they should be dragged to court and be given the most stringent punishment for misusing their position in the media.

Aishwarya S