On March 23 NDTV put out a statement on the income tax case against the company, describing it s a blatantly false case. Its said that by describing an USD 150 million investment by GE in the US through NBC in NDTV as a "sham transaction" the IT department was accusing the CEOs of these companies of money laundering, a crime under US law. It adds that "the Enforcement Directorate (ED) has clearly told the Delhi High Court that while complaints against NDTV have been received, the allegations were not supported by even prima facie material." The statement ends by saying NDTV remains committed to fighting the attempts to suppress independent media in India.