Ravi Prakash arrested now khaidi no. 4412

Former CEO of Tv9 group was arrested in connection to siphoning crores of money. He is currently lodged in Chanchalguda jail. Hearing of bail petition is on October 09.

     Ravi Prakash former CEO of media group Tv9 was arrested. It is alleged that he siphoned off 18.31 crores belonging to Associated Broadcasting company limited (ABCL). He allegedly diverted the money in his own pocket from Alandha media, which holds major stake in ABCL, he diverted the money to his bank account without prior information from directors or stakeholders. A case filed against him under section 409, 418, and 420.

    Arrest was made on Saturday, after which he was produced in court, he was then shifted to Chanchalguda prison after court extended his custody. He is now undertrail khaidi no. 4412, he is in krishna Barrack.

     According to sources, he didn’t slept properly on Saturday, on Sunday morning, he was served Khichdi, he ate only half of it. Bail petition is on October 09, he will hoping to get some relief on the day of hearing. He could be granted bail on Wednesday after hearing.

 

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