New Delhi, Aug 26 (UNI) Asian Direct Selling company QNET has refuted all the claims made by In response to allegations by self styled activist Gurupreet Singh Anand about the company’s links to controversial Islamic preacher Dr Zakir Naik and former Union finance minister P Chidambaram, calling them 'baseless and defamatory'.

'We are seeking legal recourse against the malicious and vindictive allegations of Mr Gurupreet,' the company said in a statement here on Monday.

'QNET is not a Ponzi scheme'

Referring to the observations of the Karnataka High Court, which dropped the allegations against Qnet as unsustainable in February 2017, the company said 'Our distributors are not investors. We do not offer any passive returns or financial products, as alleged,' said Rishi Chandiok, Regional Director (South Asia), QNet Ltd.

The company highlighted that the observations of the High Court of Karnataka, in terms of a quashing order in favour of Vihaan (As of February 2017) - 'Material of unimpeachable character pertaining to the activities of QNET have been produced before the Court. A perusal of the material and the charge sheet averments prima facie indicate that the activities of QNET and Vihaan i e the multilevel marketing companies, do not constitute offences under the Prize Chits and Money Circulation Scheme (Banning) Act, 1978.'

These unscrupulous people have filed hollow complaints to statutory bodies to malign company's brand reputation, it said.

The company maintained that QNET or any of its constituents have nothing to do with Zakir Naik or with Mr P Chidambaram.

'Public record shows they have never had any commercial dealings with QNET or any associated company. There is no relation or connection whatsoever. This is vicious propaganda circulated by Mr Anand to gain attention in the media,' the Hong Kong-based company said.

Unqualified connection with Indian celebrities:

'We have stated this in many media reports that QNET has no contractual agreements with any celebrity to promote the QNET brand. Certain personalities in the past were invited to our company events as motivational speakers. Beyond that, QNET has no connection to any celebrities named by Mr Anand in his allegations,' it said.

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