Ravi Prakash is terminated from CEO position of TV9

Written By Aravind Peesapati | Updated: May 09, 2019 15:41 IST
Ravi Prakash is terminated from CEO position of TV9

Ravi Prakash is terminated from the CEO position of TV9
Famous Journalist Ravi Prakash has been removed from the CEO position of TV9 channel by Alandha Media Company. Based on the allegations of forgery and misuse of funds, this decision was taken by the new management of TV9. We get to know that 10TV CEO Singa Rao has been appointed as new CEO of TV9.
Ravi Prakash holds an eight percent stake in TV9. But as per sources he is trying to dominate the operations in TV9 and is said to be not completely associated with the new management. He is taking decisions unilaterally which the management did not approve and there occurred differences between both.
Cyber Crime police have held raids at TV9 office and Ravi Prakash's residence. The police who have registered a case want to arrest Ravi Prakash but he is in absconding and the cops have launched a search operation for him.
Associated Broadcasting Company Limited (ABCL) appointed Ravi Prakash and under which TV9 channel was floated. Srini Raju holds the major stake in ABCL and he recently sold it to Alandha Media Company. The company's secretary Koushik Rao has filed the cybercrime case against Ravi Prakash.