Scribe Upendra Rai booked in Rs 15 crore extortion case: CBI

The case comes two days after Rai was arrested by the agency for alleged dubious financial transactions and getting an Aerodrome Access Pass on the basis of false information.

Published: 05th May 2018 11:28 PM  |   Last Updated: 05th May 2018 11:28 PM   |  A+A-

Delhi-based journalist Upendra Rai L being produced in a CBI court in New Delhi on Friday. (Photo | PTI)


NEW DELHI: The CBI today registered a fresh case against arrested journalist Upendra Rai and his associate Rahul Sharma for allegedly extorting Rs 15 crore from a Mumbai-based builder by portraying himself as an income tax "power broker", officials said.

The case comes two days after Rai was arrested by the agency for alleged dubious financial transactions and getting an Aerodrome Access Pass on the basis of false information.

The Central Bureau of Investigation said that one of the directors of Mumbai-based White Lion Real Estate Developers Pvt Ltd, Balvinder Singh Malhotra, had filed a complaint with it against Rai.

The agency alleged Rai approached Kapil Wadhawan, a relative of the promoters of the company, in September 2017, portraying himself as an income tax 'power broker'.

He also gave his credentials as a senior journalist to Wadhawan, who was connected to big media houses, the agency alleged in its FIR.

The CBI claimed Rai told Wadhawan that he had sensitive information from the tax department about possible raids on the real estate firm and associated companies and that action might be initiated against the company under the Benami Act as well.

"He then threatened that he had the potential to tarnish the image of the White Lion companies and promoters due to his media connections," the complaint, now part of the FIR, said.

When Wadhawan met Rai at his Greater Kailash-1 residence in Delhi, Rai showed him purported documents of the Income Tax department indicating action was being contemplated against various companies including White Lion., the CBI alleged.

The meeting was followed by calls from media, it claimed.

He demanded a huge amount to "settle" the issue and "manage" media coverage, the agency alleged.

Later, a consultancy agreement was signed on October 3 last year between M/s Upendra Rai and Associates and White Lion for a period beginning October 1 till September 30, 2018  to work out an arrangement to pay the huge amount demanded, it alleged.

According to the CBI, the complainant alleged, "As per the agreement, a sum of Rs 15.19 crore (excluding GST and TDS) was paid from our Axis Bank, Bandra account to Rai's HDFC Bank account between October 2017 and April 2018."

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp