Sahara head Subrata Roy granted four weeks parole to perform mother’s last rites

New Delhi: Sahara Chief, Subrata Roy, on Friday, has been granted custodial parole by Supreme Court for four weeks to perform the last rites of his mother Chhabi Roy who passed away today.

She was 95 and had been ill for over two years.

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A statement released by Sahara confirmed her death. “Chhabi Roy has been the guiding light of Sahara India Pariwar and departed for her heavenly abode at 1.34 am today.”

“She was at a makeshift hospital at Sahara Shaher, Lucknow,” the statement read.

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Subrata Roy is in the Tihar Jail since March 4, 2014 for failing to appear before the apex court in connection with the Rs. 24,000 crore deposits his company has not refunded to investors.