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Supreme Court has ordered payment of Rs 3,000 crore for Subrata Roy’s release

On Friday, the Supreme Court has set fresh terms to release Sahara’s founder Subrata Roy, who is jailed for more than a year in a dispute over issuance of illegal bonds.

The court said that Sahara will have to pay 30 billion rupees ($470.59 million) in nine instalments after Roy’s release from the jail.

After his release on bail, Roy will have to submit his passport to the court, the court said.

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