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NBA condemns CBI raid on NDTV promoters, calls for fair probe

MUMBAI: Condemning the recent raids on NDTV and its promoters, the News Broadcasters Association (NBA) has urged the Central Bureau of Investigation (CBI) to ensure a fair and just investigation by adhering to equity, justice and good conscience.

The CBI had on 5 June registered a case against Prannoy Roy and Radhika Roy, unknown officials of ICICI Bank and other unknown individuals on a complaint for causing an alleged loss of Rs 48 crore to ICICI Bank.

The agency had conducted searches at four places including Delhi, Dehradun and Missouri, which led to the recovery of documents related to case.

NDTV had described the raids as a witch-hunt and an attack on free speech. It had also claimed that it had repaid the Rs 37.5-crore loan it had taken from ICICI Bank.

“The News Broadcasters Association (NBA) expresses its concern over the recent raids conducted by the Central Bureau of Investigation (CBI) on the residences of the promoters and office of NDTV, who is a longstanding member of the NBA,” NBA said in a statement.

While maintaining that no individual or institution is above the law, it condemned “any attempt to muzzle the media and causing any interference in the free functioning of news operations. Such a move also undermines the basic tenets of free speech enshrined in the Constitution of India”.

“The NBA hopes that the CBI will not venture into concerted harassment of NDTV or its promoters, and must ensure fair and just investigation by adhering to equity, justice and good conscience,” it added.