CBI searches Prannoy Roy's home, NDTV describes it as 'witch-hunt'

The Central Bureau of Investigation (CBI) on Monday searched the residence of NDTV founder Prannoy Roy and three other locations for allegedly causing losses to a private bank, a move termed by NDTV as a "witch-hunt" based on "same old" false accusations.

The agency has registered a case against Roy, his wife Radhika and RRPR Holdings for allegedly causing losses of Rs 48 crore to ICICI Bank, CBI sources said.

They said the agency was conducting searches at four places in the national capital and Dehradun.

"This morning, the CBI stepped up the concerted harassment of NDTV and its promoters based on the same old endless false accusations," NDTV said in a statement.

It said NDTV and its promoters would 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. 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," it said.

The raids on Prannoy Roy were condemned by Opposition parties.

West Bengal Chief Minister Mamata Banerjee expressed shock over the CBI searches at NDTV founder Prannoy Roy's New Delhi residence.

Banerjee described Roy as "highly respected and reputed" and said the trend of conducting such search operations was "disturbing".

Delhi Chief Minister Arvind Kejriwal on Monday described it as an attempt to "silence independent and anti-establishment voices".

There was no political interference in the CBI raids on NDTV founder Prannoy Roy's properties, Union Information and Broadcasting Minister M. Venkaiah Naidu said on Monday while stressing that the law was taking its course.

"If somebody does something wrong simply because they belong to media, you cannot expect the government to keep quiet," Naidu told reporters.