The Delhi High Court issued a late ordertantra The Enforcement Directorate (ED) and Delhi Police have dismissed a money laundering case filed against digital media outlet Newsclick and its founder Praveer Purkayastha. high The court made it clear that the ED’s proceedings were an attack on an independent and impartial journalism and an abuse of power.
Justice Nina barea Krishna died in May‘The verdict was given by the Economic Offenses Wing (EO) of the Delhi Police‘ W.) and Edr Dismisses both cases. The court said that despite a long investigation spanning nearly one-and-a-half years and numerous interrogations of Newsclic workers, the ED did not find any incriminating evidence. The court termed the ED’s action as objective and said it was a baseless investigation.
Note that, The case related to foreign direct investment Newsclick received in 2018 from US-based firm Worldwide Media Holdings. Authorities alleged that NewsClick had inflated the share price with the investment, Misappropriated funds and violated FDI norms. Two thousand and eleven In February 2013, the ED conducted multiple searches at the residences and offices of Prabir Purkayastha and other employees and detained Purkayastha at his residence.
The High Court dismissed all the complaints one by one. Citing a reply from the Ministry of Information and Broadcasting, the court said there was no limit of 27 per cent FDI for digital media when the investment was also accepted., Salary with foreign funds, The court also clarified that payment of consultant fees and rent cannot be treated as misappropriation of funds. The court expressed displeasure that ED had not provided a copy of the information in the case (ECIR) to Newsclick.
ED Prabir Purakayastha, There is no evidence to support the allegation that there was a criminal conspiracy between Jason Fetcher and Neville Roy Singham. In the court of law could not submit It is worth mentioning, In 2023, Delhi Police arrested several people associated with NewsClick under the Unlawful Activities (Prevention) Act, or UAPA, after a New York Times report alleged that it took money to spread Chinese propaganda. The CBI has also registered separate cases alleging violation of foreign funds rules. The last judgment of the court is final independent There is widespread reaction and satisfaction in the media circles seen.