Home Breaking News Sahara chief Subrata Roy surrenders, arrested

Sahara chief Subrata Roy surrenders, arrested

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Sahara chief Subrata Roy surrenders, arrested

sahaLucknow, Feb 28: Sahara India chief Subrata Roy surrendered before the police here Friday, every day once they didn’t trace him to execute a Supreme Court warrant for his arrest. presently thenceforth, the apex court in New Delhi declined to revoke the warrant.

According to officers, Roy was regular to address a press conference at a hotel in New Delhi, however Sahara India Parivar officers told police officers that he was willing to offer himself up. He then surrendered and was arrested.

Sources said presently once his surrender, Delhi Police sought his transit remand once that he would be given before the Supreme Court with relevancy the non-bailable warrant issued by the apex court.

Police officers said he has been arrested once his surrender which he would be unbroken in police custody until March 4, the day on that he would be given before the apex court.

So far, Roy is being kept within the Sahara estate premises wherever he lives and it’s possible he would stay there below house arrest.

The surrender came presently once the Sahara chief released a statement to the media, saying he wasn’t absconding which he had already requested the law-enforcement agencies to do their duty as directed by the courts.

“I am not that soul who can abscond. In fact, being a law-abiding citizen, I shall hate myself to do any such issue ever in my life,” said Roy, who had informed  the court Thursday that his non-appearance was neither intentional nor deliberate.

The apex court Feb 26 had issued a non-bailable arrest warrant against Roy for failing to seem before it in person as directed by the court in its order six days earlier. In its order Friday, it declined to revoke the warrant.

Taking serious read of Roy’s non-appearance, the apex court had said: “The arm of this court is very long. we’ll issue warrants. this can be the Supreme Court of the land. once different directors are here, why cannot he be here?”

Roy had said he was absent since he needed to be with his ill  mother, who is 92.

“Last evening, I had gone out of Sahara Shaher, Lucknow, to consult a panel of doctors with certain medical reports of my mother then I had gone to a lawyers’ house also,” he said within the statement Friday.

“I was informed  by my family members that police had return and they said one thing to the media then the whole media within the country started saying i’m absconding,” he said, adding: “Am I absconding? I even have started hating myself.”

He also said plenty of people had suggested him to get himself admitted to some hospital and will stay there, as was the “general follow to avoid courts” on for medical reasons. “However, I hate to try to to such drama.”

The Supreme Court had directed the presence of Roy and the 3 directors of his group companies following their failure to submit to the market regulator title deeds of a number of the unencumbered properties. the directors had since surrendered.

The writ was to secure the balance of Rs.19,000 crore out of Rs.24,000 crore that these companies had collected through optionally fully-convertible debentures. These Sahara corporations had deposited Rs.5,120 crore with the regulator in Dec 2012.

The matter has been listed for any hearing March 4, whilst Roy requested the court to permit him to be along with his mother until March 3. He also said he can follow the court orders categorically.

After his arrest, his son and executive director of the cluster, Seemanto Roy, said his father was a law-abiding citizen and had served the country.

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