da apostebet: Former Indian all-rounder Manoj Prabhakar on Monday denied that he wasin any way involved with the Uttar Pradesh based non-banking financecompany which is accused of duping investors to the tunes of crores ofrupees
da dobrowin: 19-Jun-2001Former Indian all-rounder Manoj Prabhakar on Monday denied that he wasin any way involved with the Uttar Pradesh based non-banking financecompany which is accused of duping investors to the tunes of crores ofrupees.The beleagured cricketer, who had been untraceable ever since the UPpolice issued arrest warrant against him late last month, toldreporters that the NBFC Apace India had procured the marketing rightsof the products of his cosmetics company which he had establishedabout five years ago.”My relationship with Apace was on company to company basis. Myassociation with Apace has been misunderstood,” he said, adding he wasnot involved with the company in any other way.The cricketer, already smarting under a five-year ban from playinginternational cricket for allegedly hob-nobbing with bookmakers, saidhe had cancelled the marketing rights given to Apace in April 1999.Prabhakar, flanked by his counsel Vinod Shahi and Anil Pratap Singh,however, admitted that he had accompanied Apace officials to severalplaces in Uttaranchal during the launch of his company’s herbalproducts and had even played for the Apace cricket team.On being asked about his signatures on the receipts issued by Apace,he claimed he had signed those against purchase of his own company’sproducts at some places. In fact, he said, he had invested about Rs 25lakh in Apace and was now trying to recover his money.A district court in Haldwani (Uttaranchal) had issued non-bailablewarrants against Prabhakar who later obtained stay against the lowercourt order from the Uttaranchal High Court.






