Chaini Parwani –
Published On: October 20, 2021 at 15:45 IST
The Delhi Police has determined to summon corporate lobbyist Niira Radia in association with a Fraud case involving Yes Bank.
Further Additional Commissioner of Police (ACP) RK Singh informed the media on Tuesday that Radia had been solicited to join the probe.
Niira Radia’s name was highlighted during the investigation of three men arrested for evidently drafting off a loan of over Rs 300 crore from Yes Bank.
Further, the Economic Offences Wing of the Delhi Police on Sunday arrested the three accused namely, Yateesh Wahaal, Satish Kumar Narula, and Rahul Singh Yadav.
In the year 2010, Niira Radia appeared in headlines after the CBI revealed tapes of conversations between her and her clients in association with the 2G scam.
Dr Rajeev Kumar Sharma complained to the Delhi Police, arguing that Naarayani Investment Pvt Ltd siphoned off a loan meant for the construction and management of a hospital in Haryana worth Rs 330 crore from Yes Bank.
Narayani Investment Pvt is a corporation of Nayati Healthcare & Research NCR Pvt Ltd.
Niira Radia is a promoter of Nayati Healthcare & Research NCR Pvt Ltd, along with her sister Karuna Menon, Yateesh Wahaal and Satish Kumar Narula, among others.
Further, the Delhi Police stated, “The company, which was earlier known as OSL Healthcare Pvt Ltd. was incorporated with a view to building and running a hospital in Gurugram and the complainant had 49 per cent shares whereas the remaining 51 per cent shares were held by the other two directors of the company, i.e. Chandan Mishra and Charchit Mishra.”
At the time of construction of the hospital, OSL Healthcare Pvt Ltd met certain financial trouble, inducing a sale of 51 per cent shares by the shareholders/directors to Narayani Investment Pvt Ltd at a premium of Rs 99 crore.
Furthermore, it was highlighted that a Memorandum of Understanding (MoU) was signed between VIMHANS and OSL Healthcare Pvt Ltd for the operations of IPD, OPD, Emergency and Diagnostic Services at the proposed hospital in Gurugram.
The Delhi Police stated that later all the major decisions were taken by majority shareholders and that the loan of Rs 312 Crore taken for the development of Gurugram Hospital was used for the unsaid purpose.
“It is further alleged that they [accused] had not paid the complainant his professional fees worth Rs 15.28 crore and brought down his shareholding deceitfully from 49 per cent to 6.3 per cent,” the police’s Economic Offences Wing highlighted further.
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