Unending saga of NDTV frauds – Prannoy Roy & wife granted Rs.92 crores interest free loan to themselves

Summary RRPR (Radhika Roy Prannoy Roy) Holdings, a shell company with no income was given a loan of Rs.375 crores ($56 million) by ICICI at 19% interest. Within two days of receiving this loan, Prannoy Roy diverted Rs.21 crores ($3.11 million) to himself and Rs.71 crores ($10.5 million) to wife Radhika Roy as interest free … Continue reading Unending saga of NDTV frauds – Prannoy Roy & wife granted Rs.92 crores interest free loan to themselves