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Prannoy Roy raided days after Nidhi Razdan told Sambit Patra to leave her show

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The_Showstopper

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Prannoy Roy raided days after Nidhi Razdan told Sambit Patra to leave her show

The CBI’s extraordinary raids on the houses of the NDTV promoter and veteran journalist Prannoy Roy has come just days after the channel’s anchor, Nidhi Razdan, had on-air altercation with a BJP spokesperson, Sambit Patra.

ndtv.jpg


Razdan had told Patra to leave the show if he did not apologise after he accused the NDTV of spreading misinformation with an agenda.

A defiant NDTV, meanwhile, posted a message on its website promising to fight ‘the attempts to blatantly undermine democracy and free speech in India.’


Its statement said, “This morning, the CBI stepped up the concerted harassment of NDTV and its promoters based on the same old endless false accusations. NDTV and its promoters will fight tirelessly against this witch-hunt by multiple agencies. We will not succumb to these attempts to blatantly undermine democracy and free speech in India.

Also Read: Dalit Muslims and Christians must be included in SC/ST category: Nitish Kumar
“We have one message to those who are trying to destroy the institutions of India and everything it stands for: we will fight for our country and overcome these forces.”

Union Information and Broadcasting Minister Venkaiah Naidu denied the charges of vendetta saying, ‘Law is taking its own course, there is no witch-hunting at all.’

He added, “This govt don’t believe in interfering. They(CBI) must have some information, that’s why they might have taken steps.”


The raids on Roy evoked angry reactions from journalists, historian and social activists, all of whom dubbed it an undeclared emergency.

Here are some of the reactions;


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Vikram Chandra

✔@vikramchandra
The duty of a free media is to question and to report. If the price is harassment and attempted intimidation then so be it.

12:06 PM - 5 Jun 2017
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Vishnu Som

✔@VishnuNDTV
What sort of an India do we really want ? One where the govt snuffs out our right to ask questions ? Is this democracy? Is this freedom?

11:27 AM - 5 Jun 2017
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Rajdeep Sardesai

✔@sardesairajdeep
Raid on @PrannoyRoyNDTV for a 2010 case in 2017? CBI/IT must put details in public fora else will face charge of vendetta against media.

11:02 AM - 5 Jun 2017
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Ajai Shukla @ajaishukla
Cowed Indian media! Prannoy Roy being raided and intimidated by govt and not one other media house is carrying story. Their turn will come!!

9:38 AM - 5 Jun 2017
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Sagarika Ghose

✔@sagarikaghose
For generations of us journalists @PrannoyRoyNDTV is an eg of journalistic integrity and moral uprightness. Refuse to believe this. https://twitter.com/sharmasupriya/status/871593414873108480 …

10:41 AM - 5 Jun 2017
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Alka Lamba

✔@LambaAlka
पहले @ArvindKejriwal अब @PrannoyRoyNDTV ... कुछ समझे ??#CBI किस के इशारों पर काम कर रही है ईमानदारों के खिलाफ़?@narendramodi @AmitShah

10:58 AM - 5 Jun 2017
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Nidhi Razdan

✔@RazdanNidhi
A message to those in the media who are still independent and do their job by fearlessly asking questions. We won't be intimidated https://twitter.com/pti_news/status/871593196953849856 …

10:42 AM - 5 Jun 2017
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Sreenivasan Jain

✔@SreenivasanJain
Message is clear: any independent voices in media will be bullied and shut down. Black day. https://twitter.com/PTI_News/status/871593196953849856 …

10:36 AM - 5 Jun 2017
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nikhil wagle

✔@waglenikhil
By @ndtv raids @narendramodi proves this is undeclared emergency. Whoever criticises this govt will be taught a lesson!

11:22 AM - 5 Jun 2017
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Ramachandra Guha

✔@Ram_Guha
Alleged that Roys owe banks Rs 48 crore. Adanis owe banks 72000 crore:http://www.thehindu.com/news/national/adanis-debt-equals-to-entire-farm-debt/article8560896.ece …
May we expect Gautam bhai to be raided next?

10:54 AM - 5 Jun 2017

‘Adani’s debt equals to entire farm debt’
Corporate houses owe Rs 5 lakh crore to banks, claims JD(U) member

thehindu.com
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http://www.jantakareporter.com/india/prannoy-roy-raided-cbi/128498/
 
. .
Meanwhile,

NDTV deletes blog post written by Kapil Mishra that was critical of Kejriwal

Rebel AAP MLA Kapil Mishra, who has made many sensational claims about corruption and misdeeds by Arvind Kejriwal and the AAP government of Delhi, has now claimed that his views critical of Arvind Kejriwal are being supressed by news broadcaster NDTV.

Yesterday, Kapil Mishra had shared a blog post that was published on the Hindi website of NDTV. The blog post was titled “yeh hain Arvind Kejriwal ke brahmastra”, which loosely translates to “these are the ultimate weapons of Arvind Kejriwal”:


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Kapil Mishra ✔@KapilMishraAAP
Explosive blog by Kapil Mishra exposing "Secrets of dirty tricks of AK"https://khabar.ndtv.com/news/blogs/kapil-mishra-writes-blogs-on-arvind-kejriwal-1707677 …

4:17 PM - 4 Jun 2017

ये हैं अरविन्द केजरीवाल के ब्रह्मास्त्र
ईमानदारी के मसीहा की जुबान बंद है. आँखों से चमक गायब है और बॉडी लैंग्वेज में निराशा और आत्मविश्वास ज़ीरो. अरविन्द केजरीवाल चुप है, लेकिन ये समझना भूल होगी कि वो शांत बैठे हैं.

khabar.ndtv.com


In the blog post, Mishra had claimed that Kejriwal uses lies, deceit, treachery and conspiracy as weapons against those whom he considers threat to his political ambitions. The AAP MLA claimed in the post that these ‘weapons’ were used against Anna Hazare, Yogendra Yadav, Prashant Bhushan, and also against Kumar Vishwas, who is still with AAP.

The blog post made a sensational claim that emails and other messages that targeted Kumar Vishwas’s personal life by terming him a lecherous man who was cheating on his wife, originated from an IP address that was of Kejriwal’s house. The article claimed that a ‘report’ confirming the same exists and Vishwas is in possession of the same.

Another sensational claim made in the blog post was about the death of AAP worker Santosh Koli, who died after meeting an accident in 2013. Mishra claimed that he talked to parents and brother of Santosh and came to know that the death was a political assassination and Kejriwal had a role in it. The blog post though did not ascribe any direct role of Kejriwal in the alleged assassination.

The blog post further recalled an incident involving an unnamed AAP worker and close aide of Manish Sisodia, who apparently was removed from the party on behest of Kejriwal as he had tweeted in support of Kumar Vishwas. Later, Mishra re-tweeted a message by a person who claimed to be the same AAP worker who was removed for supporting Vishwas.

The blog post made news despite being published on a day India and Pakistan met in Champions Trophy. However, the post was gone early this morning. The link to the article was sending people to the home page of Hindi NDTV website. A google archive of the article is available on this link though.

Kapil Mishra claimed that NDTV did not provide him any reasons or explanation on why the blog post was deleted by them. He hinted that the broadcaster was biased in favour of Kejriwal:

Follow
Kapil Mishra ✔@KapilMishraAAP
बहादुर @ndtv ने AK की सच्चाई वाला मेरा ब्लॉग बिना बताये हटाया। AK का नाम आते ही NDTV के लिए सिर्फ बागों में बहार है।

9:53 AM - 5 Jun 2017
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Incidentally, Arvind Kejriwal later tweeted in support of NDTV condemning CBI raids at the residences of its founder Prannoy Roy. Mishra took a dig both at NDTV and the AAP supremo by reminding people how Kejriwal used to abuse media and that the case against NDTV and its founders was about financial fraud that had nothing to do with free speech or independent journalism.
 
. .
Awesome, nobody should be holy or above the law, nor government, nor media nor the Army, if they haven't done anything wrong they don't have to worry about anything, isn't it?
 
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Fireurimagination said:
Awesome, nobody should be holy or above the law, nor government, nor media nor the Army, if they haven't done anything wrong they don't have to worry about anything, isn't it?
Click to expand...


Yes.

This is the same shik told to North Korean citizens by its government.
 
. .
ashok321 said:
Yes.

This is the same shik told to North Korean citizens by its government.
Click to expand...

So you mean to say nobody should do anything if left-leaning, self-hating, India-bashing, bunch of moronic people break the law? Not like he is being investigated for murder or is being booked for sedition because he said something against the government. He is being investigated for a 48 crore rupee financial fraud, wherein ICICI bank officials broke all norms and reduced rate of interest on a 350 crore loan from 19% to 9% overnight. Shouldn't such irregularities investigated? You will be the first to shout on pdf about bad loans and health of banks under Modi, now when action is being taken then you should be happy, isn't it?
 
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Fireurimagination said:
So you mean to say nobody should do anything if left-leaning, self-hating, India-bashing, bunch of moronic people break the law? Not like he is being investigated for murder or is being booked for sedition because he said something against the government. He is being investigated for a 48 crore rupee financial fraud, wherein ICICI bank officials broke all norms and reduced rate of interest on a 350 crore loan from 19% to 9% overnight. Shouldn't such irregularities investigated? You will be the first to shout on pdf about bad loans and health of banks under Modi, now when action is being taken then you should be happy, isn't it?
Click to expand...

This is the case of misuse of laws by the government.
The case was of the year 2008.

Pure harassment case.

Because, where the CBI must reach, is where the CBI is missing:

tem45r5t6.png


You know how official machinery of any government works right?
Or you think Modi is Mr. clean? One who has 30 percent criminally tainted ministers.

Oops! You are using a bread knife while cutting your okra.
 
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http://www.newindianexpress.com/opi...-fraud-or-against-freedom-mr-roy-1613261.html

Against fraud? Or Against freedom, Mr Roy?
By S Gurumurthy | Published: 06th June 2017 04:00 AM |

Last Updated: 06th June 2017 08:59 AM | A+A A- |

The government has finally acted against Mr and Mrs Prannoy Roy and NDTV Ltd for fraud and deceit, which has been the subject matter of litigation in courts. Before the high financial rise of NDTV began, one must remember that when the UPA assumed office in 2004, NDTV had a huge cash loss of Rs 248 crore. It had no funds even to pay salaries, and its shares were trading at less than par. Its fortunes soared after the UPA came to power, and it received funds through a host of shell companies floated by it after 2004.

Tax evasion, suspected money-laundering

Between 2006 and 2010, NDTV India floated some 20 wholly-owned subsidiaries in different parts of the world - seven in Mauritius, eight in India, two in the Netherlands, one in London, one in UAE, and one in Sweden. All of them were letter-box companies, resting only on the valuation of NDTV Ltd. These subsidiary companies raised $417 million. Of this, $310 million was raised through a wholly-owned subsidiary, NDTV Network PLC UK, and $117 million through the sale of the channel NDTV Imagine to GE Corporation controlled by Universal Studios - all through private negotiation and private placement. Out of the $417 million, $267 million was invested by GE Corporation directly or indirectly. Just a reference to the emails obtained by the Income Tax authorities shows how the Roys and the other directors of NDTV were struggling to camouflage the huge monies received, not knowing how to camouflage the funds before the tax authorities. All this happened in 2008.

E-mail dated 22.05.2008 at 3.06 P.M. by Vivek Mehta from Price Waterhouse Coopers to Pronnoy Roy: “Subject: Re: FW: Pres Announcements etc “Dear Pronnoy, Here is a shot at it, based on your draft appreciate your problems but honestly the problem could become worse if we give a handle to the tax authorities. I am concurrently discussing with other partners now the draft below. Let’s get on a call ASAP, Regards Vivek”.See the warning about giving a “handle to the tax authorities”.

E-mail dated 21.05.2008 at 10.16 P.M. (by Vivek Mehta from Price Waterhouse Coopers to Pronnoy Roy): “Subject: Press Announcements etc. Dear Pronnoy & all above. Now that we are reaching the conclusion I wanted to remind everybody that all press releases… stock exchange releases etc etc both by NDTV & NBCU should be whetted by us. We must ensure that what is stated is that NBCU is subscribing for a sum of & 150 m in NDTV Networks group company Overseas for an effective 26 percent stake. We must not mention that NDTV is receiving the 150 m as dividend or otherwise. If asked a question what will the money be used for??? We need to decide how to answer this question carefully. Thanks Vivek”.

Note the caution “not to mention NDTV is receiving 150m as dividends or otherwise”. Even the question what the money will to be used for will have to be answered carefully.
E-mail dated 22.05.2008 at 02.09 P.M. (by Pronnoy Roy to Vivek Mehta from Price Waterhouse Coopers): “Subject: Re: FW: Pres Announcements etc. For everyone …..this is very important…Could we please have a draft press release Vivek….which we can use & send to nbcu……If possible, it’s important that the press release should make clear that the money comes in to NDTV and does not stay in Networks”.

Note the caution that “the money comes to the networks [subsidiaries] but does not stay there.”
E-mail dated 22.05.2008 at 3.06 P.M. (by Vivek Mehta from Price Waterhouse Coopers to Pronnoy Roy). “Subject: Re: FW: Pres Announcements etc Pronnoy….I need to start with a base draft…can somebody give that to me. Your second requirement is something I would avoid saying…. let’s discuss after I have seen the base draft. BR Vivek”

Note that Prannoy Roy’s second requirement would be avoided in drafting the press release.

E-mail dated 22.05.2008 at 05.30 P.M. (by Radhika Roy to KVL Narayan Rao). “Subject: Re: FW: Pres Announcements-Final? Dear Narayan, But this doesn’t really address prannoy’s concerns arising from our earlier communication and it would be a pity to miss this opportunity to correct any misconceptions. Just to remind you Prannoy’s four points below: 1. Everyone thought the money was to be put into Networks….As a result we got no shareholder value for the Rs. 600 crs in NDTV. 2. It’s very important to state that the money is not in Networks…. But in NDTV…. As this affects the valuation analysts give to the deal…. And it’s a big boost if they know it’s not in Networks and it is in NDTV…. I know we can’t say stake sale (which it is not anyway)… But we do need to clarify that the money is not in Networks”


Notice Radhika Roy saying what Prannoy had said in the earlier mail which PWC did not favour.
The mails disclose a clear intent to camouflage the money. The fraud is self-evident, pre-meditated, exposed in their own mails. The tax authorities have rightly taxed the investments as income from undisclosed sources. This opens the possibility of action for money laundering. NDTV tried its best to overcome the department’s case. But finally the Delhi High Court has upheld the assessments.

Throughout the UPA regime, NDTV refused to disclose the identity of the investors in its shell subsidiary companies. It would not even attach the foreign subsidiary’s balance sheet as required by law. It took the permission of the Company Law Department of the UPA government not to attach the balance sheet. By this process it kept out of its balance sheet the entire investment of $310 million in its London shell subsidiary which shared an office with some 3000 companies with a common address. The UK company was voluntarily wound up by saying that it had no liabilities. Its own bond liability of $100 million plus interest of $20 million was settled by paying $72 million. The NDTV would not disclose to the tax department the identity of the investors or the refinanciers. The net result of the funds funnelled into NDTV through the shell companies outside was tax evasion of $417 million and suspected money-laundering.

The Indian side

Leaving aside the complicated financial structure, on the Indian side, a Mukesh Ambani company gave a virtually interest-free loan to another company for acquiring 26 per cent of NDTV shares for Rs 403 cr. The zero-interest bond is then transferred to another company belonging to Himachal Furturistic Group for Rs 50 crore — with the Ambani company incurring a loss of Rs 353 crore and claiming it as tax expense. Why should Ambani incur this loss for NDTV? Is it to fund the freedom that NDTV is talking about now or to buy it? While the Ambani company purchased 26% NDTV shares for Rs 403 crore after valuing NDTV at Rs 1440 crore, it sold the same to Nahata of Himachal Futuristic who bought the 26% shares of NDTV for Rs 50 crore at a total valuation of Rs 192 crore. See the differing valuations. NDTV valued itself before the tax authorities at Rs 10000 crore. It was valued at $2 billion by GE Corporation USA for one investment and at $200 million for another. The Navin Jindal group and Agarwal Agro Tech group bought 15% of NDTV shares for Rs 26 crore on a value of Rs 173 cr. NDTV valued itself before SEBI at Rs 367 crore. Are these not indicative of huge valuation blues and tax issues?

It all started in 2006 — with P. Chidambaram colluding

It all started in 2006 — when UPA which was the ladder on which NDTV climbed to great heights. An honest and courageous tax official, S.K Srivastava happened to stumble on some crucial tips linking NDTV and P Chidambaram who was then the finance minister. He sought to investigate the intelligence which he had received to the effect that there was a payoff of Rs 5000 crore involving finance minister Chidambaram himself! Some unintelligent officer put it on record to recommend action against Srivastava. But they soon realised that if that were put on record then the officer could not be proceeded against. Therefore they suppressed or destroyed that file and created another file in which action was recommended against S K Srivastava for alleged misbehaviour with his colleagues. But the officer was a tough nut to crack and he took on the most vindictive finance minster of India at that time and perhaps of all time. He also found that a lady Income Tax official who was assessing NDTV had been in collusion with the TV channel, which employed her husband from 2003 to 2007 and provided pleasure trips to her and her husband.

This later became a subject of assessment of the lady officer and a reference to CBI for action. Srivastava also unearthed evidence pointing to huge tax frauds by NDTV. He moved to make a fresh assessment on NDTV, which led to the discovery of tax fraud of Rs 300 crore for six years. On 7.3.2007, S K Srivastava raised the Inspection Note setting out the details of the tax fraud, sent it to CCIT on 07.03.2007, who passed it on to the CIT on 13.03.2007. The CIT issued notice on 17.3.2007, set aside the assessments giving illegal benefit to NDTV on 29.3.2007 and the very next day, 30.9.2007, S K Srivastava was shocked to know that he was suspended by the finance minister Chidambaram himself instead of being rewarded for tracking and taxing a huge tax fraud by NDTV. This was how S K Srivastava’s unprecedented battle against the most powerful finance minister of UPA began. From then on it was a lonely battle by the tax official. During the next few years Srivastava had to face the worst harassment: a series of change sheets, suspensions, transfer, false allegations of sexual harassment by lady tax officials known to have the favour of the finance minister, corrupt attempts to get him declared as insane and what not.

He battled all this alone till he happened to meet me through the spiritual master Sri Sri Ravishankar in 2013. In this six-year period, despite all the harassment and persecution, Srivastava helped the tax department to fix the NDTV fraud worth hundreds of millions of dollars abroad - which the tax department began taxing even before the Modi government came to power. This is what the tax authorities said while taxing the fraudulent monies: “In view of the above facts and circumstance of the case, involving round tripping, involving such large variations in rates without any basis or valuation, the transaction lacks economic substance and commercial purpose and necessitates piercing the corporate veil.” While the tax officer proposed to tax Rs 642.54 crore, NDTV’s protest against it raised it to Rs 1406.25 crore. This was in 2013, when the UPA was in power, when NDTV’s freedom to defraud was safe.

Ran away when questioned

When Sanjay Srivastava explained and showed the documents to me, I wrote a note to Ram Jethmalani and explained the entire case against NDTV. Jethmalani then wrote a stinging charge sheet on the NDTV fraud to P Chidambaram in December 2013, also charging him with offences under various sections of the penal and anti-corruption laws for protecting NDTV and punishing Srivastava. Jethmalani had sent a copy of my note to Mr Prannoy Roy who contacted me through an editor friend of mine and said that he would like to respond to that with documents. When his response came I found that the documents he had enclosed in support of the investments were not reliable. I gave detailed reasons for rejecting the documents and standing by my letter to Ram Jethmalani.

Concluding, I wrote: “I stand by what I have said in my note which Sri Jethmalani had forwarded to you.” After that Prannoy Roy fell silent. He did not challenge me. He did not sue me. My note to Ram Jethmalani, Prannoy Roy’s letter to me and my final letter are available at this link:
Will Mr Roy speak now? Is the CBI acting against fraud or against NDTV’s freedom? You want freedom to camouflage the money? Freedom to suppress the subsidiaries’ balance sheet? Freedom from tax law inquiries? What is the freedom, the freedom that Ambani’s paid for?

(The author is a well-known political and economic commentator)
 
. .
Book review: NDTV Frauds by Sree Iyer
4180CK9w4KL.jpg

NDTV is perhaps the proverbial tip of the iceberg. Perhaps that is the reason it does not sink with all the stink it has produced but threatens to take the entire nation with it. Thankfully this nation is still Dharma-fearing and not just a hyped up manmade Titanic. This lightest yet heaviest tome, systematically, not only lays out how the share markets trading in public shares were rigged with impunity but how every conceivable financial trickery was employed by the media house:

  • The price of each share of NDTV varied between Rs.4/= and Rs.140/= in one single day on the 8th of March 2010
  • American giants like GE invests millions of US dollars in assetless valueless shell companies held by NDTV in various global tax havens (5)
  • The largest private sector bank in India loans millions of US dollars to assetless valueless shell companies held by NDTV’s promoters, without any collateral
The above are some of the most egregious assaults on democracy and blatant poo pooing of the law enforcement authorities in India. Yet not a single arrest have been made to date. Who dares touch a media house with friends at all levels of bureaucracy? Are the “friends” under threat of an unbearable and vicious media attack that they are forced to protect the perpetrators of such crimes? Is there no one to bell this man-eater cat called NDTV?

https://www.amazon.in/gp/product/B0...28-21&linkId=4375636c61899f68efe39c99d1833e68
 
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The_Showstopper said:
Prannoy Roy raided days after Nidhi Razdan told Sambit Patra to leave her show

The CBI’s extraordinary raids on the houses of the NDTV promoter and veteran journalist Prannoy Roy has come just days after the channel’s anchor, Nidhi Razdan, had on-air altercation with a BJP spokesperson, Sambit Patra.

ndtv.jpg


Razdan had told Patra to leave the show if he did not apologise after he accused the NDTV of spreading misinformation with an agenda.

A defiant NDTV, meanwhile, posted a message on its website promising to fight ‘the attempts to blatantly undermine democracy and free speech in India.’


Its statement said, “This morning, the CBI stepped up the concerted harassment of NDTV and its promoters based on the same old endless false accusations. NDTV and its promoters will fight tirelessly against this witch-hunt by multiple agencies. We will not succumb to these attempts to blatantly undermine democracy and free speech in India.

Also Read: Dalit Muslims and Christians must be included in SC/ST category: Nitish Kumar
“We have one message to those who are trying to destroy the institutions of India and everything it stands for: we will fight for our country and overcome these forces.”

Union Information and Broadcasting Minister Venkaiah Naidu denied the charges of vendetta saying, ‘Law is taking its own course, there is no witch-hunting at all.’

He added, “This govt don’t believe in interfering. They(CBI) must have some information, that’s why they might have taken steps.”


The raids on Roy evoked angry reactions from journalists, historian and social activists, all of whom dubbed it an undeclared emergency.

Here are some of the reactions;


Follow
Vikram Chandra

✔@vikramchandra
The duty of a free media is to question and to report. If the price is harassment and attempted intimidation then so be it.

12:06 PM - 5 Jun 2017
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Vishnu Som

✔@VishnuNDTV
What sort of an India do we really want ? One where the govt snuffs out our right to ask questions ? Is this democracy? Is this freedom?

11:27 AM - 5 Jun 2017
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Rajdeep Sardesai

✔@sardesairajdeep
Raid on @PrannoyRoyNDTV for a 2010 case in 2017? CBI/IT must put details in public fora else will face charge of vendetta against media.

11:02 AM - 5 Jun 2017
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Ajai Shukla @ajaishukla
Cowed Indian media! Prannoy Roy being raided and intimidated by govt and not one other media house is carrying story. Their turn will come!!

9:38 AM - 5 Jun 2017
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Sagarika Ghose

✔@sagarikaghose
For generations of us journalists @PrannoyRoyNDTV is an eg of journalistic integrity and moral uprightness. Refuse to believe this. https://twitter.com/sharmasupriya/status/871593414873108480 …

10:41 AM - 5 Jun 2017
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Alka Lamba

✔@LambaAlka
पहले @ArvindKejriwal अब @PrannoyRoyNDTV ... कुछ समझे ??#CBI किस के इशारों पर काम कर रही है ईमानदारों के खिलाफ़?@narendramodi @AmitShah

10:58 AM - 5 Jun 2017
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Nidhi Razdan

✔@RazdanNidhi
A message to those in the media who are still independent and do their job by fearlessly asking questions. We won't be intimidated https://twitter.com/pti_news/status/871593196953849856 …

10:42 AM - 5 Jun 2017
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Sreenivasan Jain

✔@SreenivasanJain
Message is clear: any independent voices in media will be bullied and shut down. Black day. https://twitter.com/PTI_News/status/871593196953849856 …

10:36 AM - 5 Jun 2017
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nikhil wagle

✔@waglenikhil
By @ndtv raids @narendramodi proves this is undeclared emergency. Whoever criticises this govt will be taught a lesson!

11:22 AM - 5 Jun 2017
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Follow
Ramachandra Guha

✔@Ram_Guha
Alleged that Roys owe banks Rs 48 crore. Adanis owe banks 72000 crore:http://www.thehindu.com/news/national/adanis-debt-equals-to-entire-farm-debt/article8560896.ece …
May we expect Gautam bhai to be raided next?

10:54 AM - 5 Jun 2017

‘Adani’s debt equals to entire farm debt’
Corporate houses owe Rs 5 lakh crore to banks, claims JD(U) member

thehindu.com
Twitter Ads info and privacy



http://www.jantakareporter.com/india/prannoy-roy-raided-cbi/128498/
Click to expand...

Yeah, I was thinking about posting this. But then I remembered that you would probably have done so by now.:-):lol:

On a serious note, this is such an obvious sham that it can't stand any scrutiny. The case is to be handled by Economic Offences Wing, and only if directed by court is the CBI supposed to come into the picture.

Furthermore, they have not even done basic investigation into the charges. The raid is simply meant to intimidate and sully his reputation. We are going down a bad road indeed. What troubles me is not so much the fact that they are targeting NDTV like this. What is worrisome is the fact that they are not even making an attempt to hide the fact.

The same outcome could have been achieved by due process. Obviously it won't stand in court, but at least they could say that it was not motivated. They don't even feel the need to do so anymore.
 
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Jacob Martin said:
Yeah, I was thinking about posting this. But then I remembered that you would probably have done so by now.:-):lol:

On a serious note, this is such an obvious sham that it can't stand any scrutiny. The case is to be handled by Economic Offences Wing, and only if directed by court is the CBI supposed to come into the picture.

Furthermore, they have not even done basic investigation into the charges. The raid is simply meant to intimidate and sully his reputation. We are going down a bad road indeed. What troubles me is not so much the fact that they are targeting NDTV like this. What is worrisome is the fact that they are not even making an attempt to hide the fact.

The same outcome could have been achieved by due process. Obviously it won't stand in court, but at least they could say that it was not motivated. They don't even feel the need to do so anymore.
Click to expand...

It should be obvious that the govt. is sending a message that you cannot insult a party spokesperson the way Nidhi Razdan did without any serious repercussion.

If NDTV was within its right to do what it did, then the govt. is too within its right to do what it did.

If NDTV has an Agenda, then let it enter politics like the AAP and take on BJP in the field. But to use the Media to promote you agenda and act AGAINST a National part is not a joke to be brushed aside lightly.

I am glad that the govt. did what it did so that the message is out loud and clear.

You want respect, you better learn to GIVE respect.

No point in hiding behind "freedom of press" to run your perverted agenda, the govt too will hide behind "law and order" to pay them back in the same coin.
 
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