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Lawyer throws ink at tycoon Subrata Roy for multibillion-dollar fraud

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A lawyer threw ink at Subrata Roy on Tuesday as the Indian tycoon was entering the Supreme Court building in New Delhi. Despite scores of police and security guards, the lawyer was able to splash the ink at Subrata Roy whose forehead and side of his face ended up being black, reported the Indian Express on March 5, 2014.

Subrata Roy is a businessman, founder and chairman of the Sahara India Pariwar, a multibillion-dollar Indian company with various ownership interests that include a Formula One team, microfinance companies, the media and entertainment industry, real estate, and hotels including London's Grosvenor House and the Plaza Hotel in New York.

In the past, Time magazine has named the tycoon's business “the second largest employer in India” (after the Indian Railways), and in 2012, Subrata Roy was named among the “10 Most Powerful People of India.” His business is reportedly worth $11 billion.

The 65-year-old tycoon is accused of having raised nearly 200 billion rupees ($3.2 billion) through bonds that were later found to be illegal. Some of his investors include poor Indians who lost their life savings.

After having missed a prior court date (because his mother was allegedly ill), India’s court issued an arrest warrant for him last week. The businessman turned himself in to the police on Friday and has been enjoying a pampered treatment while being in custody.

“He has been staying in a plush forest guesthouse since his arrest and traveled to New Delhi for the court hearing in a luxury sedan, escorted by half a dozen police cars.”

Unlike the tycoon, the lawyer had arrived in India’s capital by Dakshin Express on Monday and spent the night at the railway station before reaching the Supreme Court on Tuesday morning.

The lawyer who threw ink at Subrata Roy on Tuesday around 2 p.m. is 47-year-old Manoj Sharma from Guddi Gudda village in Lashkar, Gwalior. During his “ink assault,” the lawyer expressed the sentiments of many when he shouted at the tycoon. "Subrata Roy is a thief. He has cheated and robbed us!"

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