Rs. 15 Crore At Stake, MS Dhoni Sues Former Business Partners
India-West News Desk
NEW DELHI – Former Team India captain Mahendra Singh Dhoni has filed a criminal complaint against his former business partners in a sports firm, claiming they defrauded him of more than Rs 15 crore by not honoring a contract.
The complaint has been filed against Mihir Diwakar and Soumya Vishwas of Aarka Sports and Management Limited in Ranchi court regarding a 2017 business deal, NDTV reported.
Aarka Sports was liable to pay the franchise fee and share profits in the ratio mentioned in the agreement, but all the terms and conditions were violated, it said. The partners began setting up academies without Dhoni’s knowledge and did not make any payments, the media outlet said.
Despite this, they continued setting up cricket academies and sports complexes in Dhoni’s name without sharing any amount of information with him, according to his lawyer.
Dhoni, through his lawyer, has claimed that the firm violated the agreement norms, due to which he lost more than ₹ 15 crore.
The website of the sports firm, which has a huge photo of MS Dhoni as its cover image, says it specializes in athlete and player management and also provides “top-class consultancy”.