August 21, 2019 4:56 PM

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NDTV promoters, former CEO booked by CBI for alleged FDI norms violation

<span style="color: #222222;">The CBI has booked NDTV promoters Prannoy Roy and his wife Radhika Roy, and others in connection with alleged violation of foreign direct investment rules. <br />''<br />''Officials said, the agency has also booked the media outlet's former CEO Vikramaditya Chandra under charges of criminal conspiracy, cheating and corruption.<br />'' <br />'' It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions. <br />'' <br />''<br />''Prannoy Roy and his wife Radhika, facing an alleged corruption case, were prevented from flying abroad on August 9th on the basis of a preventive lookout circular (LOC) issued by the CBI.</span>

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