What evidence can the CBI find when Gautam Adani inks a deal with Prannoy Roy, Radhika Roy
Two years after Gautam Adani’s takeover, Central Bureau of Investigation (CBI) on Tuesday filed a closure report on the FIR filed against NDTV’s promoters Prannoy Roy and Wife Radhika Roy for ICICI Bank loan fraud case. This FIR was filed in June 2017 and raided Prannoy Roy for the charges of loss of Rs.48 crore to the bank through a dubious method. The FIR was based on the complaint filed by minority shareholder Sanjay Dutt, which exposed that Prannoy Roy siphoned the bank loan to buy a mansion in Cape Town, South Africa, worth more than Rs.40 crore in 2009.
Another FIR was registered in 2019 against Prannoy Roy, his wife Radhika, and NDTV Managing Editor Vikram Chandra for floating more than 35 shell companies across the World. As per the CBI FIR, now closed exposed that in the name of NDTV (a Stock Exchange-listed firm), Roys took more than Rs.480 crore in 2009 from ICICI Bank and the loan amount came to their shell firm RRPR (Radhika Roy Pranoy Roy) Holdings.
Later to repay this loan, Roys took a loan of Rs.500 crore from IndiaBulls and for repayment of this IndiaBulls loan, Roys ultimately took a loan from Mukesh Ambani’s linked firm VCPL. In this money routing of crisscross loan taking and repaying, ICICI Bank (during KV Kamat’s tenure) lost Rs.48 crore. All kinds of banking and SEBI violations happened in this deal.
Modi government’s actions against NDTV stopped after Industrialist Gautam Adani took over NDTV in 2022, providing an exit deal of more than Rs.680 crore to Prannoy Roy and Radhika. After Adani’s takeover, all cases by CBI, ED, and Income Tax against Prannoy Roy went to the freezer. Once Prannoy Roy and his wife were deplaned from Mumbai in 2020, on their way to South Africa.
In the closure report filed before the Judge, CBI after seven years said “enough evidence” was not found. How CBI can find evidence when Gautam Adani clicks a deal with the Accused Prannoy Roy and Radhika Roy. Will the Judge accept the closure report of CBI which in the FIR in 2017 said conclusive evidence of bank loan fraud was found?
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BJP finally delivers justice to citizens of India.
PGURUS efforts get sunk in deep sea i.e. deep & safe burial atleast for now.
NO one to give justice to Indian citizens.