As per a report in the media, ED is probing into news portal Newsclick's financial dealing with one Neville Roy Singham - who allegedly is the key source of Rs 38 crore which Newsclick received between 2018 and 2021 from abroad. The news report alleged that Singham was associated with the propaganda arm of the Communist Party of China (CPC) and that most of the money received by the portal has been shown as 'export of services'.
The alleged flow of money to defame India to these hands by a portal that claims to be a news portal becomes more problematic given that the present allegation includes that the funders of the said portal have a Chinese connection. This if proven begs the question of whether Chinese money was pumped into a portal that in turn handed out monetary inducements to amplify a crafted anti-India agenda.
@sheuli Revealing more details of 'Newsclick's operations', Patra added, "Newsclick is said to be a normal portal. But they accepted 9.59 crores of foreign funding. 2 companies infused money in this company. While Rs 10 per share is what is its original value, it was inflated just to look that it was an authentic destination for FDI. Newsclick received money from several other websites too".
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