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Subrata Roy Arrested


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#1 loki

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Posted 28 February 2014 - 06:26

From the Beeb, Roy surrenders after failing to appear in court on fraud charges.  Not unexpected but with Mallya having issues with his empire and things at Sahara getting worse this has the potential to really impact Sahara Force India.

 

http://www.bbc.com/n...-india-26379739


Edited by loki, 28 February 2014 - 06:27.


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#2 ollebompa

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Posted 28 February 2014 - 22:49

I hope not. FI is cool.

#3 akshay380

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Posted 01 March 2014 - 01:31

Mallya just spent some big money on buying a race horse or something.

#4 stanga

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Posted 01 March 2014 - 02:13

I hope not. FI is cool.

 

Yeah. It's cool how Mallya swaggered around the Paddock Club while failing to pay his employees a couple of years ago. 



#5 loki

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Posted 01 March 2014 - 02:33

Saward is reporting that the creditors have been informed the team wants to change the payment schedule.  Without Kingfisher and Sahara money I don't see how they get the funding.



#6 garagetinkerer

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Posted 01 March 2014 - 04:08

It is a shame... given the car seemingly is doing well.



#7 jonpollak

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Posted 01 March 2014 - 05:27

It is a shame... given the car seemingly is doing well.

No wait...ya think someone had the knife ready to go in if the car went fast?

 

Jp



#8 garagetinkerer

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Posted 01 March 2014 - 07:16

No wait...ya think someone had the knife ready to go in if the car went fast?

 

Jp

No. No one took Force India seriously when they arrived at the scene. They've steadily made progress over the years and can be said to be a fairly respectable mid-field team, something which you only ever said about Sauber. So i genuinely am distressed a bit by a team finding itself in a pile of poop, which may afftect its participation in the sport even. I do not think that there were ninjas (Ninjutsu is Japanese... i've said too much already :p) waiting to scupper the progress of Force India.


Edited by garagetinkerer, 01 March 2014 - 07:16.


#9 alfa1

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Posted 05 March 2014 - 02:48

Subrata Roy, head of the Sahara India conglomerate, was entering the Supreme Court building in New Delhi with scores of police and security guards when the man splashed him with ink, blackening his forehead and the side of his face.

 

"Subrata Roy is a thief. He has cheated and robbed us!" said the assailant,

 

http://finance.yahoo...1--finance.html