Supreme Court rules in NDTV’s favour in money laundering case

‘The Supreme Court has proved that rule of law prevails above all else,’ the media company said after the order was passed.

WrittenBy:NL Team
Date:
media shots
  • Share this article on whatsapp

The Supreme Court today ruled in favour of the media company NDTV in a case of alleged money laundering. The charges were related to the funds raised by the company outside India for its non-news businesses in 2007.

Alleging that the company had hid important facts and indulged in round-tripping of the money, tax officials in 2015 demanded the reopening of an assessment. The top court, however, ruled against this prayer. NDTV carried the news on its website saying, “The Supreme Court has proved that rule of law prevails above all else.”

Newslaundry contacted NDTV officials to talk about the case but they were not immediately available for comment. This report will be updated if a response is received.

subscription-appeal-image

Support Independent Media

The media must be free and fair, uninfluenced by corporate or state interests. That's why you, the public, need to pay to keep news free.

Contribute
subscription-appeal-image

Power NL-TNM Election Fund

General elections are around the corner, and Newslaundry and The News Minute have ambitious plans together to focus on the issues that really matter to the voter. From political funding to battleground states, media coverage to 10 years of Modi, choose a project you would like to support and power our journalism.

Ground reportage is central to public interest journalism. Only readers like you can make it possible. Will you?

Support now

You may also like