Dhoni under scrutiny for links to firm
Source: Agencies |
June 6, 2013, Thursday
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Print Edition
Print Edition
MAHENDRA Singh Dhoni's financial association with a sports management firm has come under media scrutiny despite denials that the India captain had any direct stake in the company.
The spotlight turned on Dhoni amid the focus on conflicts of interest among the country's cricket elite.
The Times of India yesterday reported on Dhoni's association with Rhiti Sports chairman Arun Pandey, saying the India captain and Rhiti shared stakes in several organizations.
Rhiti Sports manages cricketers Suresh Raina, Ravindra Jadeja and Pragyan Ojha, and Dhoni's association with the company raises the question of whether he influenced selection to benefit the firm's clients.
The Dhoni link comes days after the nation's cricket chief, Narainswamy Srinivasan, temporarily stood down during investigations of an alleged conflict of interest relating to the Twenty20 Indian Premier League spot-fixing scandal.
Though Pandey said Dhoni had a holding in Rhiti Sports for only a limited period, The Times reported Dhoni had a direct stake in another company, Rhiti MSD Alamode, and indirect interests in a few others, all run by Pandey.
"As on date, MSD holds no shareholding in Rhiti Sports Management (P) Ltd," Pandey said in his statement. "However, it is made clear that shareholding was allotted to MSD on 22.03.2013 (March 22) only to secure certain old outstandings which were due for more than one year."
Pandey claimed Dhoni no longer has a share in the firm.
The spotlight turned on Dhoni amid the focus on conflicts of interest among the country's cricket elite.
The Times of India yesterday reported on Dhoni's association with Rhiti Sports chairman Arun Pandey, saying the India captain and Rhiti shared stakes in several organizations.
Rhiti Sports manages cricketers Suresh Raina, Ravindra Jadeja and Pragyan Ojha, and Dhoni's association with the company raises the question of whether he influenced selection to benefit the firm's clients.
The Dhoni link comes days after the nation's cricket chief, Narainswamy Srinivasan, temporarily stood down during investigations of an alleged conflict of interest relating to the Twenty20 Indian Premier League spot-fixing scandal.
Though Pandey said Dhoni had a holding in Rhiti Sports for only a limited period, The Times reported Dhoni had a direct stake in another company, Rhiti MSD Alamode, and indirect interests in a few others, all run by Pandey.
"As on date, MSD holds no shareholding in Rhiti Sports Management (P) Ltd," Pandey said in his statement. "However, it is made clear that shareholding was allotted to MSD on 22.03.2013 (March 22) only to secure certain old outstandings which were due for more than one year."
Pandey claimed Dhoni no longer has a share in the firm.
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