The Enforcement Directorate's investigation into a money laundering case involving media portal Newsclick and its promoters has focused on their financial dealings with Neville Roy Singham, a businessman of Sri Lankan-Cuban ancestry who the investigators have identified as the key source of Rs 38 crore received from abroad by PPK Newsclick Studio Pvt Ltd between 2018 and 2021. Singham was allegedly linked to the Communist party of China's propaganda arm, according to sources in the agency who have been tracking the flow of cash to the media site (CPC).

Part of the money reportedly obtained from overseas sources, according to the anti-money laundering agency, went to activists like gautam Navlakha, one of the defendants in the Elgar Parishad case. The majority of the money collected by the portal has been reported as "export of services" earnings. Prabir Purkayastha, the founder and editor-in-chief of Newsclick, is being investigated by the anti-money laundering agency.

Newsclick founder Prabir Purkayastha rejects any ties to the Communist party of china (CPC). According to ED sources, the media outlet got funding from the United States; Justice and education Fund Inc, United States; GSPAN LLC, United States; and Centro Popular Demidas, Brazil. According to sources, the payments to Newsclick were tied to "particular activities" such as bolstering China's position in Africa and supporting the Communist regime's attack on Alibaba founder Jack Ma.

Purkayastha of Newsclick has been requested by the ED to submit information of services that his business exported for which it was paid Rs 28.5 crore (between 2018 and 2021) He's also been asked to explain how, within a few months of the company's debut, crores of dollars began coming into Newsclick. The government has sent income tax, the delhi Police's economic offences wing, and the ED after them, presumably because they are anti-government.

మరింత సమాచారం తెలుసుకోండి:

Enforcement Directorate

Kailas Ashwin Sathish

18/07/2021 12:45 PM