Delhi Police files FIR against Niira Radia on Yes Bank complaint

Firm promoted by her accused of siphoning over Rs 58 crore of a loan meant for revamp of a Delhi hospital.

A first information report, or FIR, has been lodged against corporate lobbyist Niira Radia and 10 others in an alleged case of fraud involving a Rs 81 crore loan from Yes Bank. 

The FIR follows the bank filing a complaint with the special commissioner of the Delhi Police-Economic Offences Wing (EOW) on 26 November 2021. After preliminary investigations, the EOW registered an FIR under four different sections of Indian Penal Code on 24 August. The Morning Context has a copy of the FIR, as well as the complaint filed by Yes Bank.

The FIR names Radia, her sister Karuna Menon, …


Furquan Moharkan

Furquan leads the banking coverage at The Morning Context. A business journalist with eight years of experience and a best-selling author, in his earlier stints as a reporter with the Deccan Herald and a columnist at The Banker, he wrote on banking, financial markets and regulatory affairs. He has extensively covered India's debt market crisis, banking crisis and the fall of Yes Bank.

Editor, Banking