Sahara India: How much was deposited in SEBI’s account and how much is the liability, if 6 crores are not given immediately, the bank account will be locked

Sahara deposited how many rupees with SEBI

Union Minister of State for Finance Pankaj Chowdhary, in response to a question asked in Parliament about this, said that Sahara Housing Investment Corporation Limited (SHICL) raised Rs 6380 crore. About Rs 19000 crore was raised by Sahara India Real Estate Corporation Limited from investors. Despite the directions of the Supreme Court, Sahara India has so far deposited only Rs 15,506.81 crore with SEBI. Let us tell you that on August 31, 2012, the Supreme Court had directed Sahara to deposit the investors’ deposits with interest of Rs 25,781.37 crore in the SEBI-Sahara refund account. But Sahara has so far deposited only Rs 15,506.81 crore. Sahara has so far deposited only Rs 15506.81 crore in the SEBI Sahara Refund Account (SEBI-Sahara Refund Account) out of the outstanding of Rs 25781.37 crore. Means Sahara still has an outstanding of more than Rs 10 thousand 781 crore.

When Subrata Roy ‘Sahara’ had to mortgage his wife’s jewelry, he still regrets it

How much did SEBI return to the investors?

At the same time, SEBI has returned Rs 138.07 crore to the investors of Sahara. In the year 2020-21, SEBI had told in its annual report that they returned Rs 129 crore to Sahara bond holders. Till now SEBI has returned 70.09 crore principal and 67.98 crore interest amount to the investors. This amount has been returned to the investors through NEFT/RTGS. On the contrary, Sahara Group says that they have returned the money to SEBI, but SEBI is not giving the money to the investors. Sahara India says that the Supreme Court had ordered every investor depositor to return his money along with interest, but SEBI is not doing any work on it.

Sahara VS SEBI

Sahara accused SEBI that not enough steps were being taken by SEBI to return the money to the investors. In 9 years, SEBI has given advertisement only four times in 154 newspapers. He has deposited the money of most of the investors with SEBI, but SEBI is not returning the money. Sahara claimed that 95 per cent of the bond holders’ money has been returned. At the same time, SEBI says that Sahara is not fully following the order of the court. SEBI has claimed that all the investors who came to them have returned their money.