Allegation Of Nearly 200 Crores Against Dinesh Dalmia; “Living At The Mercy Of Mother,” He Says
Founder of DSQ Software Group Dinesh Dalmia is facing fraud allegations again, according to Moneylife India. The report says that he has allegedly duped nine banks and finance companies of Rs 200 crores and he may have trapped few others with his fraudster activities.
However, despite these serious allegations, Mr Dalmia denied all the accusations to Moneylife Managing Editor and award-winning journalist Sucheta Dalal. In a series of WhatsApp messages to Ms Dalal, he said that he has ‘no livelihood’ and no money, stating that he is living in Kolkata ‘at the mercy of his mother.’ He also told Moneylife that he is a ‘victim’ and a ‘scapegoat,’ asserts his ignorance of the dairy business at the center of the fraud, and is confident that no documents will link him to any borrowing from the nine financial entities.
He had earlier spent significant time in jail for fraud, stock manipulation and other legal offences in India and United States.
The story of Dalmia in fraud involvements is like a plot in a thriller movie. While Dalmia claims that there isn”t a single document in his name, or transaction directly associated with him. But the recent allegations refers, a forensic audit by six lenders found a doubtful connection to Mr Dalmia.
A recent FIR filed by Vivriti Capital Limited in Chennai has brought the light for reported allegations. The FIR accused Mr Dalmia in criminal breach of trust, forgery and cheating. Vivitri”s complaint is against a company called Right Health Platter Limited (RHP), build in early 2020, just before the Covid pandemic hit the world. Following this, a cluster of companies were formed between 2020 and 2023, all having common directors.
