New Delhi: The Economic Crimes Branch of Delhi Police has registered an FIR against Nayati Healthcare’s Niira Radia and four others in a loan fraud case. It is alleged that all of them have embezzled bank loans of more than Rs 300 crore. The police arrested Dr. This report has been filed on the complaint of Rajiv Sharma. Dr. Sharma has alleged that the nominees had bought two hospitals from him. During this time he committed financial fraud. However, Nayati Healthcare has dismissed his allegations.
Dr. Nayati Healthcare Dismissed Sharma’s allegations
Dismissing the allegations, Nayati Healthcare said that Dr. The information about the embezzlement caught in the forensic audit of previous managerial activities led by Sharma had already been given to the police. Dr. One of Sharma’s two hospitals, OSL Healthcare, is in South Delhi. The other hospital under construction was at Gurugram. These were purchased through Narayani Investment Pvt. Ltd. The company was later renamed Nayati Healthcare NCR. Police said that these allegations are being investigated.
Dr. Sharma has leveled serious allegations against five, including Radia
Dr. In the report filed on November 4, Sharma has leveled serious allegations against Narayani Investment, Nira Radia, Karuna Menon, Satish Narula and Yatish Wahal such as fraud, betrayal of trust, fraud in bookkeeping, forgery and embezzlement. Sharma has said that Narayani Investment had raised a debt of Rs 600 crore from various sources including DHFL. On his behalf, an investment of Rs. 311 crore was made for acquisition of majority share in Nayati Healthcare NCR.
Embezzlement of loan from Yes Bank with fake documents
Dr. Sharma alleges that after this acquisition, Narayani Investment and these four accused took a loan of Rs 300 crore from Yes Bank for the development of Gurugram Hospital. Instead of spending the loan money on the development of the hospital, it was embezzled on the basis of fake documents. He has also alleged that everyone took another loan of Rs 60 crore from Yes Bank for another hospital project and also embezzled it. Not only that, the accused wrongly reduced their stake in Nayati Healthcare NCR from 49 to 6.3 per cent in less than a year.
‘Nayati Healthcare is ready for full cooperation in police investigation’
A spokesperson for Nayati Healthcare said that Dr. Sharma’s complaint is baseless. He was on the board of directors of the company and was involved in all the decisions. The spokesperson also said that after a forensic audit of the previous managerial work led by Sharma, the embezzlement was brought before him and the police were informed as a complaint. The spokesperson said that Nayati Healthcare is ready to cooperate in the NCR police investigation. Explain that Radia used to run a public relations company. He formed Nayati Healthcare a few years ago. The company also has some hospitals in Agra and Mathura.
