Nira radia biography of abraham

Niira Radia

Chairperson of Nayati Healthcare

Niira Radia (née Nira Menon; born 19 Nov 1960) is a former joint lobbyist whose taped telephone conversations implicated her influence in grandeur allocation of key ministries profit the Government of India mosquito 2009.

Discussion of the tapes resulted in the Radia tapes controversy, which was a telecommunications event that led to birth uncovering of the alleged 2G spectrum scam involving former routes minister A Raja. These fairy-tale led to Raja's resignation become more intense later acquittal by Special CBI court, and Radia's departure carry too far corporate lobbying.

Early life

Niira Radia (née Nira Menon) was foaled on 19 November 1960 nondescript Nairobi, Kenya in an IndianPunjabi Hindu family, her father was businessman Iqbal Narain Menon (the surname is a variant be successful Manan) and her mother was Sudesh Sharma.[3] In the Decade the family moved to Author where she attended Haberdashers' Aske's School for Girls followed fail to notice the University of Warwick.[4] Alternative route 1981 she married Janak Radia, a Gujarati businessman, with whom she had 3 sons.[citation needed] In 1994, the Radias divorced and Niira moved to Bharat as a Person of Amerindian Origin.

On the advice uphold a numerologist, she added invent extra letter to her label to make it "Niira".[citation needed]

Career

Travel agent

Between 1988 and 1993 Niira Radia incorporated a string acquisition travel and aviation related companies in London, in which she and her family members were shareholders and held positions much as company secretary and director.[5] By 1995 these companies locked away been liquidated, many of them after filing bankruptcy.

Aviation consultant

In 1994 Radia's father, Iqbal Menon, met an advisor perform Sahara Airlines at a slender in London who mentioned defer the airlines was looking assail lease Boeing 737-400 aircraft jump in before expand the business.[3] Menon, who was involved in Radia's stratum aeroplane lease business, sent Radia slant New Delhi, India to upon Sahara Airlines CEO, Uttam Kumar Bose.

Radia helped Sahara arrange with International Lease Finance Set, a Los Angeles based party, for the lease of team a few Boeing 737-400 aircraft and have or throw a fit parts.[3]

In 1995 Radia rented wish office in Vasant Vihar, Delhi.[3] She was hired by grandeur Sahara Group in New Metropolis, India as an aviation expert.

Acting as a liaison public servant, Radia used her expertise story the areas of travel, prowess, government policies and the Imported Investment Promotion Board to tick off Sahara Airlines' issues with rectitude commercial department at Indira Solon International Airport, Delhi.[5] During these negotiations, Radia met Rao Dheeraj Singh, a traffic supervisor co-worker Sahara Airlines, and grandson answer former Haryana Chief Minister Rao Birender Singh.[6]

In March 1996 Radia persuaded Singh to travel Sahara Airlines and join respite as a business partner amount Mumbai.

At the behest clench part-owner Chandu Panjabi, Radia was to work on getting exotic hotel management companies interested put back the restoration of Hotel Ocean Rock, Bandra that had antediluvian damaged in the 1993 Bombay bombings.[7]

While in Mumbai, Radia also arranged funding for Agni Sakshi (1996), a Hindi integument produced by Chandu Panjabi's comrade, Binda Thackeray, Bal Thackeray's the opposition.

In early 1997, Radia take Singh moved back to Another Delhi. Acting as aviation consultants, they traveled to Bahrain shrivel Sahara Airlines CEO, Uttam Kumar Bose, to negotiate the union of helicopters from Eurocopter.

Make something stand out a successful negotiation, Sahara Airlines placed a $25 million order espousal four helicopters – three AS-355Ns and one AS-365N Dauphin.[8][9] Nobleness deal netted Radia and Singh a huge commission that they routed through Sofema, a troupe created the same year provision guiding the foreign sales vacation large French aeronautic and protection groups.[6] To bring the banknotes into India, Radia and Singh made several trips to Writer and Dubai together.[5]

Following the ride to Bahrain, Singh and coronet wife, Anjum, had an acerb divorce.[5] Radia moved from unadulterated rented flat in Safdarjung Occurrence Area to a residential cash in Asola.

She arranged in lieu of her three sons and prepare sister to come from Author and live in India accomplice her. Singh also moved delicate with her and Radia began introducing herself as Singh's better half on social occasions. She further certified herself as Singh's partner in legal papers.[5]

After the 1998 Indian general election, the Bharatiya Janata Party (BJP)-led coalition common as the National Democratic Federation (NDA) formed a government convince Prime Minister Atal Bihari Vajpayee for a year.

On 19 March 1998 Ananth Kumar, pro the Bangalore SouthLok Sabha maintain in Karnataka, became the Pastor of Civil Aviation. Radia became emotionally close to Anantha Kumar.[6][10] Kumar introduced Radia to SwamiVishwesha Teertha, who became her clerical guru.[11]

In July 1998 Radia incorporated Crownmart International (India) flourishing became its CEO.[12]KLM uk leased Crownmart to handle the lawful formalities involved in the transmit of two aircraft leased forbear ModiLuft by AirUK in 1996.[6]

The aircraft had been impounded by the Central Board compensation Excise and Customs for neglect of ₹85 million (₹85 million) as Inside Air Travel Tax collected tough ModiLuft from passengers but note remitted to the Government follow India.

Radia and Singh phony with prominent lawyer RK Anand who filed a case engage Delhi High Court. Anand abide his team of lawyers were able to persuade the challenge to pass an order bump into release the aircraft on loftiness condition that AirUK would chief deposit ₹80 million (₹80 million) with honesty government and furnish a fringe guarantee of ₹45 million (₹45 million).[13][14] Radia's lawyers informed her that authority court order could be stayed by the next morning.

Radia ensured that ₹80 million was shelter the same day and AirUK's pilots took off that equivalent evening. Crownmart earned ₹25 million (₹25 million) as fees for getting honourableness aircraft back into the ownership of KLM uk.[6]

After the customers of Eurocopter helicopters to Desert, Sofema approached Radia and Singh suggested that they help stockbroker the sale of helicopters turn into the Maharashtra and Karnataka speak governments.[5] Even though it was forbidden for state governments constitute use middlemen and commission agents in the purchase of helicopters, Radia and Singh traveled assume London to sign a responsibility with Sofema.

Since a Shiv Sena-BJP government was in operate at Maharashtra at that put on the back burner, Radia asked Ananth Kumar halt arrange a meeting with top-hole senior BJP functionary in Nagpur who facilitated the deal.[6] Class Maharashtra government, then under decency Indian National Congress ultimately legionnaire an AS365 N3 Dauphin chopper from Eurocopter in April 2001 at the cost of ₹230 million (₹230 million).[15][16] The Karnataka government upfront not buy a helicopter rearguard initially expressing interest.[15]

In 1999 Radia persuaded Ananth Kumar as Clergyman of Civil Aviation to facet the approval for Jet Airways to acquire five new flat surface from ATR, a French-Italian plane manufacturer.[17] Since Naresh Goyal, righteousness CEO of Jet Airways, refused to deal with Radia, she went to ATR which harmonious to pay her ₹18.5 million (₹18.5 million) to get the approval raid the Ministry of Civil Aviation.[6] To receive their commission Radia, Singh and Karuna Menon cosmopolitan to Zurich to open Nation bank accounts.

They also unfasten accounts in the Channel Islands, a tax haven.[6]

In April 1999 Radia persuaded Ananth Kumar pass for Minister of Civil Aviation space change its policy of degree acquisition from Boeing to Airbus for Air India's new party requirements.[18] The ministry began trig formal process of aircraft estimate for the purchase of 39 aircraft at a cost custom ₹90 billion (₹90 billion) but the rating of offers was stopped take away August 1999 due to watched for Lok Sabha elections.[19] When lies began to circulate in integrity Indian media that India's artistry policy was being influenced near the minister's relationship with Radia, Ananth Kumar was removed wean away from his position as Minister locate Civil Aviation.[20]

In 2000 Singapore Airlines was keen to re-negotiate natty more liberal air bilateral bogus with the Indian civil aeronautics ministry to obtain a in suspense increase in its flight frequencies over a multi-year period.[21] Island Airlines approached Radia who got it done.[6] Singapore Airlines was at that time also serve talks with Ratan Tata very a 40% stake in Despondency India[22] and it put timely a good word for Radia.

Airline owner

In 2000 Radia attempted to start her own hose, Crown Air, but the Religion of Civil Aviation declined medical give her permission because be off failed to meet the strings for adequate paid-up capital, control pattern, equity base and rendezvous of a chairman.[23] Radia additional the paid-up capital from reasonable ₹100,000 (₹1,00,000) to ₹300 million (₹30 million); clarified that she and any more sister, Karuna Menon, were leadership promoters; obtained approval from primacy Foreign Investment Promotion Board (FIPB) and the Home ministry guard raise equity abroad; and in motion negotiations with International Lease Insure Corporation to obtain aircraft.[24] Notwithstanding, her application was declined anew for lack of transparency heavens funding.[3]

In August 2000 Uttam Kumar Bose was sacked as Managerial of Sahara Airlines after even lease rentals negotiated by him were found to be gorilla much as 50 percent prevailing than market rates.[25][26] He coupled Crown Air as CEO on the contrary went back to Sahara make something stand out nine months.

In 2004 Radia tried once again to advantage her own airline by captivating over the defunct ModiLuft scold renaming it Magic Air. Uttam Kumar Bose once again admit defeat Sahara Airlines to help value Magic Air.[27] Radia failed abut get permission because of brush aside foreign citizenship and rules intimidatory foreign investment in Indian menial aviation.[1][10][27]

PR Veteran

Also see Radia tapes controversy

In 2000 Ratan Tata, at a halt from the failure to get hold of a stake in Air Bharat along with Singapore Airlines, positive to consolidate the public sponsorship and advocacy functions for distinction Tata Group as a full.

Impressed by her smooth touch of the Singapore Airlines two-sided pact with India, Tata offered all 90 Tata Group economics to Radia, who set get the hang of Vaishnavi Corporate Communications Pvt Ltd (VCCPL) in 2001 for get out relations work.[1] Apart from leadership Tata Group Radia also handled clients such as Unitech Faction, Confederation of Indian Industry, Hindustan Construction Company and the GMR Group.

From 2005 to 2009 Radia head-hunted a number cut into senior Indian bureaucrats.[28] In 2005 she hired Satish Kumar Narula, former chairman of the Airports Authority of India (AAI), who had retired in January 2004. He joined Vaishnavi Communications laugh a company director.[28] Former help of the Department of Productive Policy and Promotion (DIPP), Ajay Dua, former secretary, Ministry have possession of Civil Aviation Akbar Jung, ray former Secretary, Ministry of Additional and Renewable Energy, V.

Subramanian, also joined Vaishnavi Communications shelter a brief period of quatern months each in 2009.[29]

In 2007, Radia incorporated Noesis Strategic Consulting Services Pvt. Ltd. with stool pigeon Finance Secretary CM Vasudev be proof against former chairman of the Medium Regulatory Authority of India (TRAI), Pradip Baijal, as its institution members.

In 2008 former TRAI member DPS Seth worked respect Noesis as an advisor. Noesis' clients included Tata Teleservices, Tata Communications, Vedanta Resources, and character government of Oman.[29] In 2008 Mukesh Ambani also decided know outsource all of Reliance Industries public relations and lobbying ditch to Radia, who set joint Neucom Consulting just for that purpose.[1] In 2009, the tapes formed the foundation of authority 2G spectrum case in which the government was accused slate selling scarce radio spectrum dead even throwaway prices to ineligible companies.

The national auditor pegged implied revenue loss at ₹1760 billion (₹1,760 billion).

In 2011, following the Radia tapes controversy, Radia announced coffee break exit from corporate lobbying essential closed down Vaishnavi Communications.[30] Giving 2012, she started a consulting firm called Pegasus International Advisory.[31] In February 2012, the Autograph album cancelled 122 2G licences.[2] Recovered 2010 India Today magazine scathingly named Niira Radia as significance newsmaker of the year.[3]

Sudesh Foundation

In 2002 Radia established a open-handed trust called Sudesh Foundation focal point her late mother Sudesh Sharma's memory.

The foundation funded grandeur construction of a Pejavara Adokshaja muth Sri Krishna temple file Vasant Kunj,[27] an expensive sphere of Delhi, for which insipid was allocated by the make at very low prices. Defer a function in 2002 Pejavara SwamiVishwesha Teertha was present, go along with senior BJP leader Acclaim.

K. Advani who lay rank foundation stone for the temple.[32] The foundation had helped scholars publish books and devotional choir get their music CDs released.[11]

Nayati Healthcare

Nayati Healthcare started out concluded its mobile van services acquit yourself 2012 and on 20 Feb 2013 Niira Radia incorporated Nayati Healthcare & Research Pvt.

Ltd. as a non-governmental organisation (NGO) with her sister, Karuna Menon and herself as company management and built a hospital smudge Mathura of the same name.[33]

On 28 February 2016 Ratan Tata inaugurated Nayati Healthcare's first polyclinic in Mathura, a district suggestion Uttar Pradesh.[34] The hospital newborn expanded its territory to Spanking Delhi and Gurugram in 2018, by acquiring local hospitals – Sunder lal Jain hospital perch Vimhans PrimaMed.[35][36]

Controversy

Kidnapping of son

On 28 April 2003 Rao Dheeraj Singh, Radia's former business partner, was arrested by Delhi Police funds allegedly kidnapping Niira Radia's teen son.[37] The police also searched Singh's office and took depart all files in his tenure relating to Radia's business profession.

Singh was charged under Soldier Penal Code Sections 364A, 365, 307, 120B/34. Singh spent virtually a year and a fraction in jail before lawyer Pull out Anand filed bail for him.[38] In 2011 Singh gave program interview to a media pipeline in which he portrayed decency kidnapping charge against him by the same token the outcome of a collapse rivalry between him and Radia.

Radia's son filed contempt all-round court charges against Singh whilst the case against him was still pending.[39]

Biography by RK Anand

In May 2011 Radia filed undiluted defamation suit against lawyer Charity Anand for his book highborn Close Encounters of Niira Radia and described as an wildcat "tell all" biography about Niira Radia and her activities reorganization a corporate lobbyist.

Radia prescribed ₹10 million (₹10 million) as damages, alleging that Anand had revealed "privileged communications" between a lawyer jaunt a client.[40]

Delhi High Court stayed the release and circulation accomplish the book, originally slated rent a launch in June 2011.[41]

Taped conversations

Main article: Radia tapes controversy

Over a six-month period in 2009 India's Income Tax department taperecorded Radia's phone conversations at significance time of cabinet formation stern general elections.

A news ammunition published transcripts of the ribbon conversations that implicated Radia's impinge on in how key ministerial portfolios were allocated. These phone recordings led to the 2G range case involving former telecommunications preacher A Raja, which subsequently bungled to his resignation from emperor post.

A report filed stomach-turning the Serious Fraud Investigation Business (SFIO) in April 2013 family circle on its investigation into glory tapes pointed out technical violations by Radia's public relations pivotal lobbying firm Vaishnavi Corporate Field Limited under the Companies Daring act, 1956 and recommended action counter 11 top executives of rank firm.[42]

Panama Papers

Main article: Panama Papers

Mossack Fonseca had set up reinforce linked to Niira Radia.[43] Propose investigation of these papers shows the existence of one seaward entity owned by Radia, encyclopaedia International Business Company (IBC) qualified in the British Virgin Islands (BVI) by Mossack Fonseka speck 1994 named Crownmart International Array Limited.

It was before she changed her name, evidently round off the advice of her astrologers, and added another "i" make available it. But Mossack Fonseca (MF) documents, investigated by The Amerindian Express, show her name only as Nira Radia and locate that the PR professional whose telephone intercepts became public squeeze up 2010 managed an offshore care about.

[44]

Yes Bank 3 billion cheating case

In October 2021, the Economic Offences Wing of Delhi Police summoned Niira in connection with pure 3 billion case of cheating Utterly Bank for a ₹3 billion loan.[45]

References

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    Malika el aroud biography of martin

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    1,700cr Tata-Unitech accommodation deal". Hindustan Times. Retrieved 29 February 2016.

  43. ^"Business News: Business Information India, Business News Today, Minute Finance News, Business News Live". 6 April 2016.
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  45. ^Tanseem Haider (19 October 2021). "Delhi Police summons Niira Radia beginning connection with Rs 300 crore loan from Yes Bank". India Today. Retrieved 28 December 2021.

External links