Ravi Prakash, former CEO of TV9 arrested in a fraud case of Rs. 18 Crore
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On Saturday, Banjara Hills Police, arrested V Ravi Prakash, former CEO of TV9, alleging him to have withdrawn Rs 18 Crore from ABCL. The complaint was lodged against Ravi Prakash and former director, MKVN Murthy who committed the fraud together. But only Ravi Prakash arrested. They together withdrew 18 Cr as a bonus and ex-gratia payment to themselves for a period starting from September 2018 to May 2019.