This Article is From Oct 30, 2011

Niira Radia exits communication consultancy business

Niira Radia exits communication consultancy business
New Delhi: In a surprise announcement, controversial corporate lobbyist Niira Radia, the owner of the PR firm which has Tata group and Mukesh Ambani-led RIL as its top clients, has decided to exit from the communication consultancy business.

51-year-old Radia, the owner and promoter of Vaishnavi Group, who is at the centre of a controversy over certain taped conversations in connection with the 2G spectrum allocation, cited "personal priorities" of family and health behind her "painful" decision to quit the PR business.

The announcement in a brief statement today came nearly after a year after she was in the media glare when leaked tapes of her conversations appeared in the media. Although there was no charge against her, she was named as a witness by the investigating agency.

CBI and other investigating agencies including Enforcement Directorate(ED) questioned Radia several times probing her alleged involvement in irregularities in the 2G telecom scam and also her close association with political leaders and corporate honchos.

"To give precedence to my personal priorities of family and health, I have decided against renewing any client mandates and to exit the business of communications consultancy," the Kenya-born and London-educated high profile lobbyist said in a statement.

"It is a painful decision, taken after much consideration and consultations," the statement added.
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