Live
- TDP, JSP, YSRCP urged to oppose Wakf Bill
- T-SAT to launch new programme on ‘General Studies’
- Cops silence deafening noise of 100 bikes
- Guv inaugurates medical screening camp for Raj Bhavan staff
- Job fair for pharmacist roles tomorrow
- New ration cards to be issued in January
- Job mela at Masab Tank tomorrow
- New toilets facilitated for MPP school students
- Steps to safeguard natural springs gain momentum
- RWAs want officials to clear fog over SCB-GHMC merger
Hyderabad: TV9 former CEO Ravi Prakash gets anticipatory bail in ED case
TV9 former CEO Ravi Prakash
TV9 former CEO Ravi Prakash was granted anticipatory bail by the Hyderabad High Court in connection with a case filed by Enforcement Directorate
Hyderabad: TV9 former CEO Ravi Prakash was granted anticipatory bail by the High Court in connection with a case filed by Enforcement Directorate. The court expressed displeasure over several cases being filed against Ravi Prakash on a single issue.
Granting the conditional bail to Ravi Prakash, the court directed not to arrest the TV9 former CEO while the investigation is going on.
The officials of Enforcement Directorate (ED) booked a case against Ravi Prakash earlier this month under the Prevention of Money Laundering Act (PMLA). Based on the FIR filed by the Cyberabad police on the alleged Rs 18 crore fraud, the enforcement case information report (ECIR) has been issued.
However, Ravi Prakash approached the High Court to grant him bail in the ED case preventing his arrest. Besides giving the bail, the court asked for two sureties of Rs one lakh each and also directed him to appear before the ED officials on every Saturday.
Earlier, Ravi Prakash had been arrested by the Banjara Hills police in October last year on the allegations of fraudulently withdrawing Rs 18 crore from Associated Broadcasting Company Private Limited (ABCPL).
