Categories: India

SFIO’s siphoning charges from RS 50,000 crore wrong, said Sahara

New Delhi: Sahara India has greatly denied the allegations carried out by the Serious Fraud Investigation Office (SFIO) that he had sucked RS 50,000 Crore and did not repay investors from whom the funds were appointed.
SFIO on Friday asked SC for hearing urgently against its appeal to the order of Delhi HC extended the probe to the alleged RS 50,000 crore collection from investors by three Sahara Group companies and the alleged involvement of six other group entities in tripping and siphoning-off public money.
“The accusation of the Siphoning Crore RS 50,000 is incorrect and contrary to the available evidence on the note.
When we have paid off the entire number (liability) then where questions about the round stumbled and suck public money?” Sahara India said in a statement.

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