MS Dhoni’s business partner quashes allegations of fraud

Aarka Sports’ CEO, Mihir Diwakar, has refuted allegations of wrongdoing after being accused of cheating former Indian cricket captain MS Dhoni. Reports surfaced about a legal dispute between Diwakar, his partner, and Dhoni, alleging a breach of the contract which resulted in a purported financial misappropriation of INR 15 crores. However, on Sunday, January 7, Diwakar released a statement and dismissed the accusations as ‘baseless.’ 

He countered, suggesting that it was Dhoni who caused him financial losses and tarnished his reputation in the sports community. Diwakar claimed that in 2017, the wicketkeeper-batter had given authorization for a joint venture that involved establishing global cricket academies, a partnership that remains unrevoked. Alleging disrespect from Dhoni, Diwakar aims to defend his position amidst the legal dispute and denies any fraudulent behaviour in the ongoing controversy.

“With utmost pain & consternation, I wish to clarify that the story planted in electronic and print media about me cheating MSD is utterly baseless. This has been done with the sole purpose of defaming me and to destroy my reputation in society, especially my reputation in sports fraternity to inflict financial losses to me,” Mihir wrote on ‘X’.

See Diwakar’s post on ‘X’ here:

Dhoni owes me money rather than myself: Diwakar

Diwakar countered Dhoni’s claim, stating he doesn’t owe money and asserted instead that MS Dhoni owes him direct payments from certain academies. Additionally, he alleged Almora-born cricketer’s involvement in deceiving a business entity, Neuglobal Upajvardhak India Limited. Diwakar accused Dhoni’s team of levying false accusations against him, intensifying the dispute between the two parties.

“Meanwhile, I would also like to bring to your knowledge that I do not owe MSD any money, rather he has to pay certain amounts to me which have been collected from academies directly by him,” he concluded.