Why MS Dhoni Filed 'Fraud' Case Against Ex-Business Partners

Former Team India skipper MS Dhoni recently made headlines after he filed a criminal complaint against his former business partners in a sports firm. His lawyer, Dayanand Singh, stated that the partners defrauded him of more than Rs 15 crore by not honouring a contract. The complaint was filed against Mihir Diwakar and Soumya Vishwas of Aarka Sports and Management Limited in Ranchi court regarding a 2017 business deal. Diwakar had reportedly signed a deal with Dhoni in 2017 to open cricket academies in India and abroad in the cricketer's name. But, he allegedly did not stick to the conditions mentioned in the agreement, as per the complaint.

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

The Chennai Super Kings skipper has also claimed that the cricketer academies were set up by the partners without his knowledge. Apart from this, the authority letter provided to the partners by Dhoni was revoked on August 15, 2021.

Despite the letter getting revoked, 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.

Dhoni has filed a case under Sections 406, 420,467,468,471 and 120B of the Indian Penal Code (IPC) in the competent court at District Court Ranchi against 1. Aarka Sports Management Pvt Ltd. 2. Mihir Diwakar and 3.Soumya Das, Aarka Sports Management Pvt Ltd.

However, this is not the only complaint made against Diwakar. According to the reports of India Today, Shradha Global Educational Trust has also filed a complaint of fraud against him.

As per the complainant, Mihir had extracted a sum of Rs 35 lakh for a new school venture with logos and endorsement of Dhoni, without having any authority.

Topics mentioned in this article

India Cricket Team MS Dhoni Cricket