Tuesday, March 9, 2021
Home News Reports CBI initiates probes against NFDC on charges of illegal payments to Anurag Kashyap

CBI initiates probes against NFDC on charges of illegal payments to Anurag Kashyap

Anurag Kashyap has denied the reports, saying he has not got any notice

Central Bureau of Investigation has initiated an enquiry into allegations of financial embezzlement and non-compliance with prescribed norms against National Film Development Corporation (NFDC). According to reports, a letter served to NFDC director (finance) N Shaikh by CBI anti-corruption division, states that a probe has been set up to investigate financial irregularities in firms like Kashyap Films, Sun TV, UFO Movies and individuals Anurag Kashyap and Dibakar Banerjee.

Charges against Anurag Kashyap and Dibakar Banerjee

The case pertains to allegations of undue payments made by NFDC to Anurag Kashyap and Dibakar Banerjee, keeping at stake the established norms of the organisation.

The payments amount Rs 40 lakhs to UFO movies and Rs 62 lakhs to Anurag Kashyap. Reports suggest that transferred amount to Kashyap was for the 2010 movie The girl in Yellow Boots. Another payment of Rs 1.5 crores, also under scrutiny, was made for the movie The Lunchbox. CBI alleges that payments to Kashyap were in contravention to norms of the corporation. NFDC can not fund movies if it has not co-produced them.

Dibakar Banerjee, along with Kashyap, is alleged to have received money into personal accounts, which were supposed to be received by joint accounts.

CBI has directed NFDC to provide documents for the probe at earnest. It has particularly asked for IT statements of both directors.

Other charges

Other charges comprise of allotment of advertisements to channels, not chosen by DAVP or The Directorate of Advertising & Visual Publicity, which is a nodal agency to undertake multi-media advertising and publicity for various Ministries and Departments of Government of India.

“Bill payments were made without telecast certificates from third-party monitoring agency as prescribed in EMA (Electronic Media Advertisement) Policy resulting in an overpayment of 38,41,800 to M/s Sun TV Network Pvt Ltd,” the CBI letter to N Shaikh reads. NFDC is also charged for over-payment to firms like UFO.

Denial of Charges

While there has been no denial of charges by Dibakar Banerjee, Kashyap has denied the charges fully. He has categorically denied charges, of receiving funds into personal accounts. Similarly, UFO movies have also denied charges of excess payments.

Information and Broadcasting ministry in 1975 had constituted NFDC. Smriti Irani had demanded investigation against NFDC, during her tenure at Ministry of I&B. It is according to observations made by her officials, that CBI is constituting probe.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Uttarakhand: After a day of ‘will he or won’t he’ speculations, CM Trivendra Rawat set to resign today

Reports suggest that a faction of the party is unhappy with the functioning of the Uttarakhand government led by Trivendra Singh Rawat.

‘As Hindu students, we cannot study and live in an environment in which we feel unsafe’: Hindu Group speaks up after Rutgers backs Audrey...

Hindu on Campus have expressed their disapproval over Rutgers Newark's defence of Hinduphobic 'historian' Audrey Truschke.

Freedom House and Pakistan: How global liberalism dehumanises Hindus

In reading the reports from Freedom House, what stood out is how similar it is to the now familiar secular whitewashing style of mainstream media here in India.

Ex-CEO of Rajya Sabha TV draws a ludicrous comparison between free vaccinations in the past with COVID-19 immunisation: Here’s why he is wrong

Gurdeep Singh Sappal, the former CEO of Rajya Sabha TV and a Congress loyalist, ranted against nominal price of COVID-19 vaccines charged at private vaccination centres

ED raids properties of former AAP leader and Punjab MLA Sukhpal Singh Khaira: Details

As per reports, the PMLA case is linked to narcotics trafficking and fake passports. The ED officials are looking at bank transactions and property papers of khaira too

India can manufacture 70-100 million monthly Covishield doses and 150 million Covaxin doses per year: DBT

The India-made coronavirus vaccines have been sent to over 60 countries across the world including several developed countries.

Recently Popular

‘Women belong in the Kitchen,’ declares Burger King on Women’s Day, hits back at KFC for criticising campaign for gender equality

Burger King generated quite the controversy on International Women's Day after declaring that "Women belong in the kitchen."

What is Blue Anon? A term for conspiracy theorists that was recently removed by Urban Dictionary from its platform

Blue Anon is term used to describe left wingers that peddle Trump-centric delusional conspiracy theories.

Woman heard crying in Sonia Gandhi’s house after Delhi Court convicts Ariz Khan in Batla House encounter case

A Delhi Court has ruled that Ariz Khan is guilty in the Batla House Encounter case, years after Sonia Gandhi had cried.

‘Aren’t fake 33 cr Gods enough’: Abusive tweets of AAP MLA go viral, while Netizens demand ouster, MLA peddles ‘hacked theory

The AAP MLA Virender Singh Kadian then made his account private and later deleted it, in the hopes of not exposing himself further.

Congress leader gifts a bag full of scraps of paper, torn pictures to Miss India Manya Singh for Women’s Day

In a felicitation ceremony, Mumbai Mahila Congress President Ajanta Yadav gifted torn pics of Manya Singh to her.

Alia Bhatt starrer Gangubai Kathiawadi in trouble, Congress MLA demands name change

The film Gangubai Kathiawadi is adapted from one of the chapters of the book Mafia Queens of Mumbai by S. Hussain Zaidi. It is slated for countrywide release on 30th July 2021.
- Advertisement -


Connect with us