Monday, March 17, 2014

India Court Forcing Sahara to Downgrade living standards...



Otay, so this news is not unexpected, after all Force India F1 co-owner Subrata Roy Sahara has been literally dragging his heels over refunding of some $3.9-billion dollars that the Indian Government says he owes to investors...

And thus after turning himself in and spending a brief period in a country club prison estate, the Supreme Court of India has revoked this privilege and sent him directly to jail; telling him not to pass GO or try collecting his $200!

As the court has denied his bail requests and told him that he'll remain incarcerated in the Tihar Jail on Contempt charges until he decides to Pony up the missing money which the government now claims is a staggering $5.4b, as in BILLION due to interest!

Hmm? What long-term effects will this have upon the plucky Force India Formula 1 team, as after all, the team's chief Playah' Dr. Vijay Mallya himself isn't exactly in rosy financial standing with the continued collapse of his Kingfisher empire...

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