Sunil Gavaskar ducks allegations of fraud

Published: Friday, July 16, 2004, 23:53 [IST]
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Dambulla:Former Indian captain Sunil Gavaskar is taking appropriate steps to clear his name from the unsavoury controversy which has broken out in India about his alleged involvement in a case of financial irregularity.

"My people back home are trying to establish the facts before taking measures to deal with it," said the legendary opener who is in Dambulla as a television commentator for the Asia Cup tournament.

Registrar of Companies (RoC) in Ahmedabad has filed a complaint with the local police against Gavaskar and four other directors for having raised Rs 4.6 crore out of a public issue for a clothes and shoe company but failed to issue dividends to subscribers out of it.

Gavaskar, looking cool and unperturbed, said he had resigned from his post as a director at least a decade back in the 90s.

"During my brief association with it, I hardly attended any meeting of this company. The thing to remember is that I wasn't an executive director involved in the day-to-day running of the company.

"I am absolutely unsure if a public issue was released at the time when I was still a director with the company. I hope not for I don't know anything about this public issue business," said Gavaskar.

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