Sahara chit fund scam: Subrata Roy passed away
Sahara Group founder and Chairman Subrata Roy passed away at a Mumbai hospital after struggling with a prolonged illness, the company mentioned in a statement.
He was 75 years old.
Subrata Roy is survived by their wife, Swapna Roy, and two sons, Sushanto Roy and Seemanto Roy, who live abroad.
The statement read, 'It is with profound sadness that Sahara India Pariwar informs the demise of our Hon’ble ‘Saharasri’ Subrata Roy Sahara, Managing Worker and Chairman, Sahara India Pariwar.
Saharasri ji, an inspirational leader and visionary, passed away on 14th November 2023 at 10.30 pm due to cardiorespiratory arrest following an extended battle with complications arising from metastatic malignancy, hypertension, and diabetes.
Subrata died in hospital
He was admitted to Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute (KDAH) on 12th November 2023 following a decline in health.
Sahara faced a multitude of problems over funds in a case that has now come to be known as the "Sahara chit fund scam".
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