Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Naveen Jindal extortion case: Zee News accuses UPA-II of 'intimidating media'

Nov 28 2012, 14:29 IST
Comments 0
Zee News has denied allegations of attempt to extort Rs 100 crore from Jindal Power and Steel Ltd for not airing news reports linking the company to the coal scam. Zee News has denied allegations of attempt to extort Rs 100 crore from Jindal Power and Steel Ltd for not airing news reports linking the company to the coal scam.
SummaryTV channel alleges editors' arrest is a 'nefarious gameplan designed for something else'.

Zee News on Wednesday demanded the immediate release of its two senior journalists arrested in an extortion case filed by Congress MP Naveen Jindal, alleging that the police action was "illegal" and "designed for something else".

Denying allegations of attempt to extort Rs 100 crore from Jindal Power and Steel Ltd for not airing news reports linking the company to the coal block allocation scam, Zee News CEO Alok Agrawal accused the UPA-II of "intimidating" the media because of its "mistakes".

Sudhir Chaudhary, the head of Zee News, and Samir Ahluwalia, head of Zee Business, were arrested last night on the complaint by Jindal's company filed in October.

Questioning the arrests and its timing, Agrawal and Zee lawyer R K Handoo said the detentions were deliberately made before a holiday so that regular bail could be denied. Handoo said that the arrest has been made under a section which speaks of a non-bailable offence and not a bailable offence.

Video: Jindal files criminal extortion case against Zee news

"What was the need for the arrest. It was designed for something else. It is a nefarious gameplan," Handoo said.

Agrawal claimed that it was the Congress MP who offered money as bribe to Zee editors first and then to the company.

Jindal also tried to influence several senior Zee functionaries not only directly but also through various people, including his brother Prithvi Jindal, uncle Sitaram Jindal and political leaders like Digivjay Singh, Raman Singh and Arjun Munda, Agrawal alleged claiming they also requested them not to air stories against Jindal.

Agrawal said Jindal and Zee officials had a total conversation of six hours over half a dozen meetings and if any one was to take out only five per cent of these conversations "it can be distorted in any manner".

On his part, Jindal today refused to comment on the developments saying, "the matter is subjudice. Delhi Police is investigating the matter. I am not commenting on this."

However, when asked about the release of 14 minutes of conversation between him, his officials and Zee functionaries, Jindal said the tapes were examined by the Central Forensic Sciences Laboratory and everything would be in public domain.

Queried whether the sting operation by his company was intended to divert attention from his company's alleged involvement in coal block allocation scam, he shot back, "okay, you don't divert your attention."

On the

Single Page Format
Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...