Why is the CBI not filing charge sheets against NDTV’s Prannoy Roy for more than three years?

CBI speedily files charges against whistleblower but despite 2 FIRs won't file charge sheets against NDTV promoters Prannoy Roy and Radhika Roy

CBI speedily files charges against whistleblower but despite 2 FIRs won't file charge sheets against NDTV promoters Prannoy Roy and Radhika Roy
CBI speedily files charges against whistleblower but despite 2 FIRs won't file charge sheets against NDTV promoters Prannoy Roy and Radhika Roy

The Central Bureau of Investigation (CBI) has not yet filed charge sheets against NDTV’s founder Prannoy Roy and wife Radhika for the past three and half years. The first First Information Report (FIR) was registered on June 2017 for ICICI Bank loan fraud and the second FIR was registered on August 2019 for floating shell companies across the World for laundering 1000s of crores. Why? This must be the longest non-active case by the CBI in the recent history of its investigation. Were any big Corporates influencing Government which in turn forces the CBI to keep quiet in the purchase of the NDTV from Prannoy Roy? The same is the fate of probes launched against NDTV by the Stock Exchange Board of India (SEBI), Enforcement Directorate (ED), and Income Tax (IT) which had already attached 30% of the shares of the shell company controlling NDTV.

Status of the first case:

On June 5, 2017, CBI registered an FIR against Prannoy Roy and wife Radhika and conducted raids at their homes for ICICI Bank loan frauds. The loans were issued to the shell company owned by the husband and wife. The shell company’s name is interesting – RRPR Holding. RRPR means Radhika Roy Prannoy Roy. PGurus have reported in detail about the case[1]. Using this loan in the garb of NDTV, Roy and wife had taken the money to their shell company and CBI even found that Rs.40 crores were routed to purchase a home in Cape Town in South Africa by the couple. It is learnt that the now-accused ICICI Bank CEO Chanda Kochhar confessed to the agencies that Prannoy Roy had obtained this huge loan of around Rs.400 crores with the concurrence of ICICI Bank’s then head K V Kamath. Many feel that the role of Kamath is the roadblock for CBI in this case and the delayed charge sheeting will help Roy and wife to obtain bail easily from the Court.

Why CBI is not filing the charge sheets in these two cases with solid proof? The first FIR was registered three and a half years ago and the second FIR registered more than a year ago.

Status of the second case:

On August 19, 2019, CBI registered another FIR against Mr. & Mrs. Prannoy Roy and the then NDTV’s senior journalist and managerial professional Vikram Chandra for illegally floating 32 shell firms across the Globe to route more than Rs.1000 crores. PGurus have reported the details of this big money laundering by the TV channel in the garb of media operations[2].

The question here is why CBI is not filing the charge sheets in these two cases with solid proof? The first FIR was registered three and a half years ago and the second FIR registered more than a year ago. But CBI was so eager to file a charge sheet against NDTV whistleblower and former Income Tax Commissioner Sanjay Kumar Srivastava (S K Srivastava). It was S K Srivastava who exposed the income tax violations and floating of shell companies across the world by the NDTV. Last year, the Finance Ministry used a rarely used provision (56J of Service Rules) to terminate the services of Srivastava in a totally fake sexual abuse case and later filed a CBI case against him. He was jailed for more than 75 days for a case registered by CBI accusing certain decisions taken by Srivastava as Income Commissioner in charge of Appeals. How can the judicial decisions of an officer hearing Appeals be charged in this way? Now Srivastava has approached the Allahabad High Court against the CBI charge sheet. But interestingly, the CBI’s Lucknow Division termed Srivastava’s complaints against NDTV as “so-called NDTV scam” in its replies to the High Court.

It is mysterious or interesting as to how CBI’s Lucknow Division can call it as “so-called NDTV scam,” when the CBI headquarters filed two FIRs against NDTV for bank scam and money laundering scam of more than Rs.1000 crores by floating 32 companies across the World. These things show that someone inside the agency is also trying to sabotage the cases against NDTV. How else can one explain this?

References:

[1] At last CBI catches up with Prannoy and Radhika Roy for ICICI bank fraud. ED to follow soonJun 5, 2017, PGurus.com

[2] CBI registers FIR against Prannoy Roy, wife Radhika, Vikram Chandra for laundering money of politicians by floating shell firms abroadAug 22, 2019, PGurus.com

12 COMMENTS

  1. WHY INDIAN INTELLIGENCE AGENCIES CAN’T TRACK RECORD OF SUCH FREEMASONS IN INDIA & HANDOVER LISTS TO NIA/RAW FOR FURTHER INFORMATION. EVEN MOST CORRUPT KING DHANAND WAS ELIMINATED BY CHANKYA.

  2. Serious cases are filed by serious prosecutors only after marshalling the facts and making as far as possible, a water-tight case. If an FIR has not yet resulted in a charge-sheet, it only means the Prosecution is not yet sure it can make a water-tight case.

  3. Why CBI is not filing chargesheet! I’ll tell you why:

    The same reason why Rahul Gandhi is being protected in 3 Dec 2006 Gangrape of Sukanya Devi (D/O Congress Party worker Balram Singh) by Rahul Gandhi and his 7 friends including 2 British and 2 Italian at Amethi Guesthouse from 2100HRS to 2300HRS. Sukanya, her Mother and Brother held Press Conference and were beaten by Congressites, they went to New Delhi to complain to Sonia Gandhi, who refused to meet them and had them kicked away from the gates of 10 Janpath. Then they started return journey to Amethi but haven’t been seen by anyone till date. disappeared!

    The same reason why Vajpayee Govt saved Rahul Gandhi when he was detained in US possessing multiple nations passports, Narcotics, large amt of cash by FBI.

    The same reason why Nithari Cannibal Moninder Singh Pandher was let loose by Allahabad High Court in 2014 after declaring him innocent in 7 of 16 murders investigated initially. He enjoyed his life for 3 yrs on bail before being arrested again.

    The same reason why Arnab is being targeted in front of an indifferent Central govt.
    The same reason why Disha Salian & SSR were killed and their killers are & will remain free.

    THE REASON IS CALLED – FREEMASONRY.
    IT OPERATES ACROSS PARTY LINES and it’s members protect each other irrespective of which party is in power. All Freemasons practice Satanic Paedophilia, which is what they are desperately trying to hide in mumbai, which is why BJP is silent while Arnab’s being targeted.

    Jai Rajputana
    Jai Bharat
    Jai Indian Army
    Ram Ram.

  4. Where is Money Laundering coming in NDTV case? Were proceeds of crime re-routed as legitimate income? If NDTV indulged in tax avoidance through shell companies, then such cases should be settled in court and not through coercive methods of CBI. Law is not carved in stone. Restrictive laws that existed in pre-liberalization times were no longer applicable post-liberalization in 1991. Reliance was once targeted by VP Singh was under invoicing on imported second hand textile and refinery machinery to save on huge import duty. Industries were being penalized severely for producing beyond installed capacity. Later Advani became a fan of Dhrubai Ambani and Modi is very close to Mukesh Ambani. Many unjust laws of yesteryears have been severely watered down or totally discarded. What this means is a person considered as indulging in cheating the exchequer pre-1991 is no longer considered so in present times. Vodafone Group has won a long pending arbitration case against the Indian tax department’s demand of Rs 20,000 crore on a retrospective basis in the Permanent Court of Arbitration in Hague.

    BJP Bhakts and Pgurus team are just showing juvenile heard mentality that we all have witnessed during our school days – you don’t talk to my friend, I will not talk to you kind. NDTV bring out the failures of the BJP government at the center day-in and day-out. So it must be funded by left wing groups. So it must be close to muslim groups. So…

  5. Why is the CBI not filing charge sheets against NDTV’s Prannoy Roy for more than three years? May be AN ACT OF GOD!! ICICI Bank’s then head K V Kamath tipped to become FM of India!! Since 1988 NDTV Prannoy Roy’s mischievous and foxy smiles itself lead to suspicion but even BJP ran around to appear before its cameras! NDTV was protected by all governments!

    There are nearly 1000 rich journo and TV anchors disproportionate to their known sources of income followed by innumerable district wise evening four page newspapers! Funny are the laws in our country “bails” are given in a jiffy and a fellow makes one hundred Crores and does not pay tax under income from agriculture classification!! If agencies raid it is called as a political vendetta!!! Farmer commits suicides due to farm loan debts!! Public attention may be diverted in the name of peace, development, Pakistan and china

    BJP is not a party of Saints/Sants/Sadhus/Sanyasis……..
    BJP lead NDA Govt follows Digital Economy model in which pre June 2014 / old economy associated frauds/massive scams/Money Launderings/ NPAs “selected some” are not covered!! Many gone under waived off or written off categories!

    Based on BJP IT cell lexicon running commentary economists/ twitter economists/ Harvard educated economist views are not acceptable.

    Anything and everything from Dr.S.Swamy or Pgurus are not permitted at all!!!
    All credit should go to big top two leaders only. This is a thumb rule Since June2014, to run GOI on two top leadership Terms! Top leadership believes in Gandhian socialism!! This is the impression on gets based on ground Zero realities!!

  6. No govt organization is clean. All are corrupt including the CBI. It is willingness of the govt that can only remove the corruption. But if only honest people joined the govt and not Babus. Untill the current bureaucratic is undone and the PM takes a call, nothing can be done properly. All that is required is willingness and transparency which is hard to achieve or find.

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