New Delhi: Sahara group today informed the Supreme Court that the health of its chief Subrata Roy is deteriorating fast and he would not be able to survive another summer in jail.
Roy who was sent to the national capital's high-security Tihar Jail on March 4, 2014 has been lodged in Tihar jail over collection of money by two Sahara firms from an estimated three crore investors.
SEBI also told SC that 67 properties of Sahara are up for sale and the process will start next week.
According to the Securities and Exchange Board of India (SEBI)’s lawyer Arvind Datar the anount to be paid by the Sahara group is Rs 24,000 crore which along with the interest amounts to Rs 34,000-35,000 crore.
Earlier, the Sahara chief also urged SC to grant permission for going abroad for "business discussions" with Bill Clinton and Tony Blair.
"Before the Supreme Court asked him (Roy) to appear, he filed an application to say that he wanted to leave India. He said he wanted to leave India to meet Bill Clinton and Tony Blair for business discussion. It is on record," Datar said.
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