Amrapali group diverted money to Mahendra Singh Dhoni and his wife's companies: Forensic auditors tell SC
New Delhi : One day after the Supreme Court cancelled RERA registration of Amrapali Group on charges of diverting buyers money to other businesses, the forensic auditors told the apex court that cricketer Mahendra Singh Dhoni and his wife Sakshi Dhoni's companies were used by Amrapali to divert the homebuyers' money, and that money should also be recovered from them.
Calling it "sham" deals, the auditors said Amrapali Group wrongly sent money to Amrapali Mahi Developers Private Limited and Rhiti Sports Management Private Limited. Sakshi is reportedly the director of Amrapali Mahi and Dhoni holds a major stake in Rhiti.
"We feel that Home Buyers money has been diverted illegally and wrongly to Rhiti Sports Management Private Limited and should be recovered from them as the said Agreement in our opinion does not stand the test of Law," the forensic audit report said.
As per submitted report, Amrapali diverted Rs 42.22 crore to Rhiti. It also raised concerns over the 2015 agreement between Amrapali and Rhiti over the branding of Chennai Super Kings, as it had no signatories on behalf of Indian Premier League (IPL).
Till 2016, Mahendra Singh Dhoni was the brand ambassador of the Amrapali Group. In March this year, he dragged the company to Supreme Court for not clearing his dues of Rs 40 crore. He had signed various agreements with the Amrapali in 2009. Amrapali was also given exclusive rights to use his endorsement in marketing and for PR activities.