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Regular-article-logo Friday, 19 April 2024

CBI books NDTV's Prannoy and Radhika Roy for FDI violations

Agency also names Vikram Chandra in its complaint

PTI New Delhi Published 21.08.19, 10:57 AM
Prannoy Roy.

Prannoy Roy. Photo credit: Prannoy Roy Facebook

The CBI has booked NDTV promoters Prannoy Roy and wife Radhika Roy and others in connection with alleged violation of foreign direct investment rules, officials said on Wednesday.

The agency has also booked the media outlet's former CEO Vikramaditya Chandra under charges of criminal conspiracy, cheating and corruption, they said.

It is alleged that the company floated 32 subsidiaries in several tax havens to bring foreign funds to India through sham transactions, they said.

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