Wednesday, March 26, 2014

Highest bail amount ever?

Apparently reports are out that Sahara group chief Subrata Roy has been set a bail amount of Rs 10,000 crore (http://economictimes.indiatimes.com/news/politics-and-nation/sc-asks-sahara-group-to-deposit-rs-10000-crore-to-grant-bail-to-subrata-roy/articleshow/32720775.cms).

That's more than $1.5 Billion!

Google search reveals that highest ever bail amount set in US was $100 Million for Raj Rajaratnam after being arrested for insider trading.

So this must be record.

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