More Trouble For TV9 Ex-Boss Ravi Prakash, Now ED Knocks His Door

Thu Jul 02 2020 11:32:06 GMT+0530 (IST)

Once a mighty and invincible media baron, who enjoyed cornering all and sundry in his sharp-tongued interviews, Ravi Prakash is now at the receiving end. Embroiled in cases, entangled in controversies, this former boss of TV9, now has a new problem. The Enforcement Directorate is all set to slap a money-laundering case against him for siphoning off Rs 19 crore from TV9.

This is based on a complaint by the Associated Broadcasting Company Pvt LTD (ABCL) that Ravi Prakash has fraudulently withdrawn Rs 18 crore from the company's accounts. This was allegedly done between September 2018 and May 2019. Along with Ravi Prakash, two other directors - MKVN Murthy and Clifford Pereira were also booked in this case. The Alanda Media, which took over the ABCL later, found that the funds were fudged and the money was illegally withdrawn. Finding a breach of trust, they approached the police. Ravi Prakash and the other directors were arrested and were later released on bail.

Now, Ravi Prakash is likely to get the notices from the ED in the money laundering case. What a fall for a man who revelled in ruining the happiness of politicians. Now, he himself is facing the heat. Let's see what happens next in this sordid drama.