Indian Olympic Association President PT Usha on Tuesday refuted treasurer Sahdev Yadav’s claims in a CAG report that a faulty sponsorship agreement with Reliance India Limited (RIL) led to a loss of Rs 24 crore to the IOA.

In a statement, Usha said it was a ploy to tarnish her reputation and threatened legal action against anyone who will indulge in giving “misleading information.”