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Sahara group's staff salaries to get delayed

Last Updated: Monday, March 31, 2014 - 18:35

Zee Media Bureau

New Delhi: More trouble for Subrata Roy as Sahara group announced on Monday that the staff salaries will get delayed due to bank account attachments and other adverse conditions.

Last week, in a fresh dramatic twist to the Sebi-Sahara saga, an innovative idea was floated for collection of at least Rs 1 lakh each from Sahara employees and 'well-wishers' to garner at least Rs 5,000 crore and secure group chief Subrata Roy's release from Tihar Jail.

The money has been proposed to be collected in lieu of shares in Saharayn e-Multipurpose Society Ltd, which would be alloted to each contributing employee of the entertainment-to retail business conglomerate, which claims to have a workforce of over 11 lakh salaried and field workers.

The contribution 'appeal' was made through a one-page letter signed by directors of this Society and 'associates' of the group and asked each employee of the Sahara India Pariwar and their well-wishers to contribute Rs 1 lakh, Rs 2 lakh, Rs 3 lakh or even more as per their wish and capacity.

When contacted, a senior Sahara official clarified that the letter has not been issued by Subrata Roy or by the management and "it is only an emotional initiative from people in reaction to prevailing situation".

With PTI Inputs

First Published: Monday, March 31, 2014 - 18:35
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