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Subroto Roy Sahara pays Rs 1.23 cr for special privileges in Tihar

New Delhi: Beleaguered business tycoon Subrata Roy Sahara, who is currently lodged in Tihar jail, has paid a whopping Rs 1.23 crore to authorities for all the special privileges he enjoyed for last one year

India TV News Desk India TV News Desk Updated on: December 07, 2015 12:44 IST
subroto roy sahara pays rs 1.23 cr for special privileges
subroto roy sahara pays rs 1.23 cr for special privileges in tihar

New Delhi: Beleaguered business tycoon Subrata Roy Sahara, who is currently lodged in Tihar jail, has paid a whopping Rs 1.23 crore to authorities for all the special privileges he enjoyed for last one year in his special cell.

According to a Times of India report, Tihar Jail authorities have received Rs 1,23,70,000 from Sahara Group for using the conference room. The payment includes charges for security, electricity, maintenance, rent and other facilities like food and water. The group is yet to submit Rs 7.5 lakh rupees more.

“This amount will take care of 200 inmates for a year. Roy was moved to ordinary cell in November,” the daily quoted authorities.

Roy was sent to Tihar Jail on March 4, 2014, for failing to refund over Rs 20,000 crore with interest to depositors along with two of Sahara's directors -- Ashok Roy Choudhary and Ravi Shankar Dubey. He has has been serving time in prison since.

Supreme court asked him to deposit Rs10,000 crore for bail—Rs5,000 crore in cash and the remaining in bank guarantees—to secure his release.

He was asked by the court to pay Rs 10,000 crore for bail, including Rs 5,000 crore in cash and the rest as bank guarantee.

He wanted to use the facilities to start negotiations for selling the group's overseas hotels for raising bail money.

The Supreme Court had allowed Roy to use the conference room to negotiate the sale of his luxury hotels in New York and London to raise the bail money.

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