Three years have passed since the Central Bureau of Investigation (CBI) raided NDTV’s Prannoy Roy’s home in connection with the ICICI Bank loan fraud case. The CBI registered a First Information Report (FIR) and conducted a raid on June 5, 2017. Now three years have passed and till date CBI has not filed a charge sheet in this case. Apart from Roy, his wife Radhika Roy a few yet-to-be-named ICICI Bank officers are the accused. CBI even unearthed the information that Roy and wife had siphoned more than Rs.40 crores to purchase a palatial home in Cape Town in South Africa. This begs the question as to why the CBI has not filed a charge sheet despite questioning him several times. The details of the case and the FIR are available here.
After this FIR, CBI also filed a second FIR on August 19, 2019 against Prannoy Roy, wife Radhika, and NDTV’s former CEO and journalist Vikram Chandra for money laundering and floating more than 30 shell companies across the World. 10 months have passed and in this case also, CBI has not yet filed a charge sheet. The details of shell companies and modus operandi in money laundering by Prannoy Roy in the garb of journalism are detailed here.
It is known to all that this Rs.400 crores bank loan fraud happened due to the blessings of former ICICI Bank head K V Kamath and the then Finance Minister P Chidambaram. CBI is yet to question K V Kamath or Chidambaram in this case.
Many senior journalists associated with Roy and his Directors in these shell firms have confessed to CBI and the Enforcement Directorate (ED) that they are ready to turn Approvers. For the past 10 months, the CBI has not moved an inch in this case also.
Chanda Kochhar has confessed
In June 2017, in the ICICI Bank loan fraud case, Chanda Kochhar, the tainted former ICICI Bank CEO and accused in many cases has already confessed to the agencies. It is known to all that this Rs.400 crores bank loan fraud happened due to the blessings of former ICICI Bank head K V Kamath and the then Finance Minister P Chidambaram. CBI is yet to question K V Kamath or Chidambaram in this case. Even the ED has informed 2G Court about Rs.200 crores (USD 40 million) landing into India through NDTV during Aircel-Maxis scam from Malaysia.
Is Modi govt letting Roy off?
Legal experts say that when charge sheets are delayed so much, it would be easy for Prannoy Roy to get bail from Courts. Here the question is who is showing the courage to help tainted Prannoy Roy in Narendra Modi-led BJP Government and the charge sheet is not filed even after three years of registering an FIR and conducting raids.
CBI charge sheet against IT Commissioner Srivastava in just 50 days!
Former Income Tax Commissioner Sanjay Kumar Srivastava was the whistleblower in the NDTV’s frauds by exposing the money laundering and tax evasion in 2009. The irony is that Srivastava was terminated from the Income Tax Department by the Narendra Modi Government in June 2019 over flimsy charges and he is facing trial while the charge sheets against Prannoy Roy have not yet been filed even after three years. CBI filed a charge sheet against the NDTV frauds whistleblower S K Srivastava in just 50 days to deny him bail (he got bail in the last week of February 2020) and in Prannoy Roy’s case, CBI has not yet filed a charge sheet in three years – first in the case of ICICI Bank loan fraud and a 10 month- delay in the second case of money laundering by floating more than 30 shell firms across the World.
 At last CBI catches up with Prannoy and Radhika Roy for ICICI bank fraud. ED to follow soon – Jun 5, 2017, PGurus.com