Soon after the Supreme Court judgment on the trouble real estate firm, Amarpali Group, forensic auditors, Pawan Kumar Aggarwal and Ravinder Bhatia, revealed sensational details to the apex court stating that Mahendra Singh Dhoni and Sakshi Dhoni’s companies had entered into “sham” deals with the Amarpali Group. According to reports about this development, auditors have said that Amarpali “diverted money” to Dhoni’s firms- Rhiti Sports Management Private Limited and Amrapali Mahi Developers Private Limited. While Mahendra Singh Dhoni has major stakes in Rhiti, his wife Sakshi Dhoni is a director of Amrapali Mahi Developers Private Limited.
Dhoni was a brand ambassador of the Amarpali Group till 2016. However, he withdrew under the pressure of thousands of estranged home buyers after the real estate firm landed in trouble. The forensic audit report stated, “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 do not stand the test of Law.” The Supreme Court has listed 23 companies which were “created only to route the funds and transactions consisting of office boys, persons with no income and dummy companies in which family members and relatives were inducted as members-only for few transactions…” Two of these companies include Amrapali Mahi and Amrapali Media Vision Private Limited.
The apex court said that according to the records, Sakshi Dhoni “received share capital in cash and all the expenses were paid in cash.” The auditors stated, “We are informed verbally that this company was incorporated for development of a project in Ranchi. An MOU was also entered between the parties though we were not provided a copy of that.” The audit report has also stated that Amrapali Media Vision Private Limited “was created to divert funds to make movies. Rhiti Sports Management Private Limited was paid Rs. 24 crores for professional charges and advertisement expenses etc.”
The Audit Report which has made several sensational revelations has also stated that Rhiti received a total of Rs 42.22 crores from Amrapali group between 2009-2015. 6.52 crores out of this sum were paid by Amrapali Sapphire Developers Private Limited. However, it is not clear on what basis Rhiti received such massive funds. The Auditors have observed, “This sum has been paid on account of Agreements executed by Shri Anil Kumar Sharma, CMD for and on behalf of Amrapali Group of Companies with Rhiti Sports Management Private Limited. There is no resolution on record authorizing Mr. Anil Kumar Sharma, CMD to enter into an agreement on behalf of all Amrapali group of Companies.”
