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Caught In The Slips

Supreme Court turns spotlight on firms linked to Mr and Mrs Dhoni in Amrapali real estate default case

Caught In The Slips
Courtesy: BCCI
Caught In The Slips
outlookindia.com
2019-07-26T11:19:06+05:30

Mahendra Singh Dhoni is headlining again—no, Mahi hasn’t announced his retirement from ODIs, haven’t changed his hairstyle, or bought another superbike. The former Indian captain and wife Sakshi landed in a controversy this week vis-a-vis the debt-riddled Amra­pali Group, the realtor Dhoni had end­orsed as brand ambassador sometime ago until they fell out over all­eged unpaid dues to the cricketer. On Tuesday, the Supreme Court observed that Amrapali—in the dock for unfini­shed housing projects in Noida and Greater Noida—had created several companies “to route funds” collec­ted from homebuyers. And according to a Supreme Court-appointed auditor’s report, one of these companies—Amrapali Mahi Developers Private Limited—has Sakshi as its director, while the other—Amrapali Media Vis­ion Private Limited—paid Rs 24 crore to Rhiti Sports Management Private Limited, a company in which Dhoni has stakes. Rhiti used to manage his commercial interests as well.

“Several companies were...

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