SBZ app

Calendar Iconviews : 809

3 Min Read

MS Dhoni involved in 15 crore fraud case

MS Dhoni Involved In 15 Crore Fraud Case? Check Details

Credits: IPL/Twitter

In a recent development, a formal complaint has been lodged against cricketing legend MS Dhoni with the Board of Control for Cricket in India (BCCI). The complaint was filed by Rajesh Kumar Maurya, a resident of Amethi, Uttar Pradesh, and has been brought under Rule 39 of the BCCI Ethics Committee. The complaint pertains to an ongoing legal dispute involving Dhoni and his former business partner, Mihir Diwakar. This dispute centers on a significant financial issue, specifically an INR 15 crore case related to Aarka Sports Management. The company, which operated cricket academies under Dhoni’s name, has been at the center of this controversy.

Rajesh Kumar Maurya's complaint introduces an additional layer to the complex case, which involves accusations related to the financial dealings of Aarka Sports Management. The BCCI Ethics Committee is now tasked with investigating these allegations to determine their validity and any potential implications for Dhoni. This situation highlights a new chapter in Dhoni’s career, transitioning from the cricket field to addressing serious ethical and legal challenges. As the BCCI Ethics Committee reviews the case, the outcome could have significant repercussions not only for Dhoni but also for the broader cricketing community.

All About MS Dhoni's 15 crore fraud case

On March 20, 2024, the local civil court, after an initial review, deemed the case substantial and summoned Mihir Diwakar, Soumya Das, and Aarka Sports Management Pvt. Ltd. The complaint, filed on behalf of MS Dhoni, alleges that Diwakar violated the terms of their agreement. Despite the agreement being terminated in 2021, Dhoni's legal team claims that Mihir Diwakar continued to use Dhoni’s name for business purposes. According to the allegations, Diwakar’s company opened several cricket academies under Dhoni’s name, yet Dhoni did not receive the profits he was entitled to.

Dhoni’s lawyer asserts that these actions constituted a breach of the agreement, impacting Dhoni’s reputation and financial interests. The court’s decision to summon the parties reflects the seriousness of the allegations, as it seeks to address the dispute and ensure accountability. The case highlights the ongoing legal and financial challenges faced by Dhoni following the termination of his business arrangement with Diwakar.

As a result of the alleged violation, MS Dhoni is reported to have incurred a financial loss of INR 15 crore. The dispute revolves around the misuse of Dhoni’s name by Mihir Diwakar’s company, which allegedly continued to operate cricket academies under Dhoni’s brand even after their agreement was terminated in 2021. Dhoni’s legal team claims that despite the termination, the company did not honor the agreed-upon profit-sharing terms, leading to significant financial losses for the former cricketer.

Further developments in the case are anticipated as statements and responses from both parties are awaited. The legal proceedings will clarify the extent of the breach and the subsequent financial implications for Dhoni. Additionally, the BCCI has directed Rajesh Kumar Maurya to provide his response concerning the ongoing case. This instruction reflects the BCCI’s involvement in overseeing the ethical aspects of the dispute, as they seek to ensure that all relevant details are addressed and resolved appropriately.

SBZ app
SBZ app
SBZ app