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Reveal source of Rs 22k cr or face CBI probe: SC to Sahara

New Delhi: The Supreme Court today warned the Sahara Group to reveal source of Rs 22,885 crore which it claimed to have refunded its investors or be ready to face inquiry by CBI and Registrar
PTI January 09, 2014 19:47 IST
PTI
New Delhi: The Supreme Court today warned the Sahara Group to reveal source of Rs 22,885 crore which it claimed to have refunded its investors or be ready to face inquiry by CBI and Registrar of Companies.

Sending a clear message that the court is not "helpless" in taking action for flouting its directions, the apex court rapped Sahara Chief Subrata Roy and the group for refusing to disclose the source of money.

The apex court's order barring Roy from leaving the country will also continue.

"Don't think that the court is helpless. We can ask the CBI and the Registrar of Companies to conduct probe against you. We are not helpless. We will find out the source of money if you don't reveal it. We would ask the probe agencies to find out," a bench comprising justices K S Radhakrishnan and J S Khehar said.