Dhoni files criminal case against ex-business partners, claims fraud worth Rs 16 crore


PTI, Jan 6, 2024, 8:33 AM IST

Ranchi: Former India captain MS Dhoni has filed a criminal case against two of his former business partners, claiming that they duped him of around Rs 16 crore by not honouring a contract to establish cricket academies, according to his lawyer.

The case has been filed in a lower court against two directors of Aarka Sports, a sports management company.

Dhoni’s representative Dayanand Singh from Vidhi Associates, a law firm in Patna, said they have filed a criminal case on behalf of the cricketer in a competent court in Ranchi against Aarka Sports directors Mihir Diwakar and Soumya Biswas under Section 406 and 420 of IPC.

Singh explained that the accused had approached Dhoni in 2017 to establish cricket academies in India and abroad. Initially, it was agreed that the cricketer would receive the full franchise fee and that profits would be shared on a 70:30 basis between Dhoni and the partners, he said.

However, the partners began setting up academies without Dhoni’s knowledge and did not make any payments. The authority letter provided to them was revoked on August 15, 2021, he added.

Despite this, they continued setting up cricket academies and sport complexes in Dhoni’s name without sharing any amount or information with him, according to his lawyer.

Legal notices were served to them twice for violating the agreement norms. Singh claimed that they opened academies in eight to ten places and took money, causing losses of Rs 16 crore to Dhoni.

The criminal case was filed on October 27, 2023, before a first-class judicial magistrate in Ranchi. On Friday, Simant Lohani, the person authorized by Dhoni, recorded his statement before the magistrate, Singh added.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Rajasthan-based Youtuber held for threatening to kill Salman Khan gets bail

Karnataka to remain driving force behind India’s GCC Industry: IT Minister Priyank Kharge

Heavy rainfall in DK, Udupi; DC declares holiday for schools, PU colleges on July 16

Geetha Tonse Pai of the Manipal Pai family passes away

No ‘good news’, for now enjoy ‘Bad Newz’: Vicky Kaushal on Katrina Kaif’s pregnancy rumours

Senior MLA Suresh Babu replaces Kumaraswamy as JD(S) leader in Karnataka Assembly

AI cameras installed in K’taka Assembly to record arrival, exit time of MLAs, duration of presence

Related Articles More

Disability rights groups hit out at Yuvraj, Harbhajan, Raina for ‘mocking’ disabled people in video

Champions Trophy: ‘BCCI should give in writing that Indian Govt has declined permission to play in Pakistan’

It is a good thing that everyone is performing: Shubman Gill on competition for openers’ slots

Rohit says he will continue to play Tests and ODIs “at least for a while”

Young Carlos Alcaraz humbles Novak Djokovic to win Wimbledon title

MUST WATCH

Dr. Rajkumar

Poisoning – Prevention

Mulbagal Dosa Vasavi Food Point

Donald Trump

Elephant attack


Latest Additions

Uproar in both houses of Karnataka legislature over Valmiki Corporation scam

Rajasthan-based Youtuber held for threatening to kill Salman Khan gets bail

Swati Maliwal assault : Delhi Police likely to file charge sheet on Tuesday

Karnataka to remain driving force behind India’s GCC Industry: IT Minister Priyank Kharge

TN CM condemns Karnataka over ‘non-release’ of Cauvery water, convenes all-party meet

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.