Mr Sanjay Kumar, an Indian businessman in Nigeria, has submitted a petition to the Assistant Inspector-General of Police, Force Criminal Investigation Department, Alagbon, Lagos, alleging a fraud of N17 million by his compatriot, Mr Dinesh Verma. Kumar also claimed that Verma had threatened his life and subjected him to harassment over their business dealings.
In the petition, Kumar accused Dinesh Verma and others at Dinsanj Ventures Limited, K2K Square Investment Limited, and President-Afro Asian Initiative for Community Development, Nigeria, of fraudulent practices involving the conversion of funds under false pretenses. The alleged deceitful activities occurred between January 2019 and January 2020.
Kumar asserted that despite his financial contributions and business development efforts, Verma and his associates failed to fulfill their commitment to grant him a shareholder’s position in Dinsanj Ventures Limited and K2K. He claimed that when he demanded his rightful shareholding and benefits, they resorted to harassment through authorities.
The petitioner urged the Assistant Inspector-General to conduct a thorough investigation into the alleged offenses, recover his lost funds, and ensure the safety of his life and property. Kumar expressed the desire for justice to be served so that he and his family could live peacefully in Lagos without fear of further threats or attacks.
In response, Dinesh Verma denied the allegations, describing them as false and malicious. The situation highlights the need for a comprehensive investigation to determine the veracity of the claims and resolve the dispute between the two business partners.