Supreme Court sends Sahara chief to police custody
March 4, 2014 - New Delhi
The 65-year old Chief of Sahara group Subrata Roy who was picked by police on Tuesday was produced before the Supreme Court today. Subrata Roy is facing charges of not refunding investors' money on instructions of the Apex court. Last week, the Sahara chief had skipped a court appearance, amounting to contempt of court, prompting issuing of an arrest warrant. He turned himself to the police in Lucknow on Friday.
When he arrived to the Supreme Court, a man sprayed ink on his face, who was caught and beaten up by the lawyers and handed him over to the police.
The Supreme Court today rejected Sahara chief Subrata Roy's appeals and ordered him to come up with a plan to refund crores of investors' money.
The Supreme Court ordered judicial custody of Subrata Roy till March 11.