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Amrapali diverts the homebuyers’ money to Dhoni, Sakshi firms

Amrapali diverts the homebuyers' money to Dhoni, Sakshi firms

The real estate giant Amrapali was blamed by Dhoni for not paying him the dues for endorsing the company. And recently the Supreme Court appointed forensic auditors revealed that the homebuyers’ money was diverted by the company to pay the endorsement fees to Dhoni.

The Supreme Court told on Tuesday that JP Morgan who invested eighty-five crore in Amrapali group through FDI route did it as a tactic to divert homebuyers money overseas.

Apart from this major revelation, another shocking news came when the Supreme Court-appointed forensic auditors revealed that Amrapali promoters diverted the funds of homebuyers’ to pay 42 crores to Dhoni who endorsed the company.

Dhoni earlier filed a petition in the Supreme Court that Amrapali Group did not pay his fees and had duped him of Rs 25 crore.

Dhoni was the brand ambassador of the company till 2016, and in March he dragged the debt-ridden realty firm to the Supreme Court seeking his pending dues from the company.

The bench noted that the company had paid 42.22 crores illegally to Rhiti Sports Management Pvt Ltd and Amrapali Mahi between 2009-2015. Sakshi is reportedly the director of Amrapali Mahi and Dhoni holds a major stake in Rhiti Sports Management Pvt Ltd.

After this shocking revelation, the Supreme Court has cancelled the Real Estate Regulatory Authority licence of Amrapali group and has appointed NBCC to complete all the pending projects.

The forensic auditors have also told the Supreme court that Mahendra Singh Dhoni and his wife Sakshi Dhoni’s company was used by Amrapali group to divert the money of the homebuyers. They also said that this money should be recovered to protect the rights of the homebuyers.

A criminal case has also been filed by ED against Amrapali Group for money laundering. This huge real estate giant failed to provide the possession of flats to around 42,000 homebuyers in Greater Noida and Noida.

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