Seemanto Roy, Subrata's son and Sahara's Executive Director, addressed the press conference.
Sahara chief Subrata Roy was today arrested in Lucknow following Supreme Court's warrant against him for not appearing in court in a case linked to his alleged failure to return investors' money. Seemanto Roy, Subrata's son and Sahara's Executive Director, today addressed a press conference on the arrest.
Here are the highlights:
Here are the highlights:
- Sahara is being projected in bad light
- Misconceptions are being created by those with vested interest
- We have 12 lakh employees, and it is our duty to place facts before them
- Cannot talk about many things has the Sahara-Sebi case is sub-judice.
- On February 24, Subrata Roy was informed that the condition of his mother had deteriorated and the situation was critical
- He went back in a private charter. He is the eldest son and is very attached to his mother
- The hospital in Lucknow, which is run by Sahara India pariwar, has said her condition is critical
- His mother's medical condition continued to remain fragile and he wanted to stay back to be with his mother
- He wrote a personal letter to Ram Jethmalani stating his inability to attend court proceeding and asked him to read it out in the court
- Ram Jethmalani read it out in the court but a non bailable warrant was issued against him
- As a law abiding citizen, he has willfully decided to submit himself to Lucknow police as per the court orders
- He has requested the court to recall the non bailable warrant against him as he has surrendered and assured he will be present for all court hearings
- As we speak Sahara Shri is in police custody and is fully co-operating
- Sahara is a responsible organisation with high standard of business ethics
- He (Subrata Roy) is not only a doting father to me but a patriotic son of the soil
- Whenever India needed son to stand up, he was there
- It pains me to see his reputation and image being maligned in this manner
How may i help you today
Show full article
Track Latest News Live on NDTV.com and get news updates from India and around the world
