New Delhi: The SEBI filed a petition in Supreme Court to direct Sahara Group of Chairman Subrata Roy to pay Rs. 62,600 crore immediately, or cancel his parole if he doesn’t yield. The outstanding liability of the Sahara India Parivar group’s two companies and the group’s chief Roy stand at ₹ 62,600 crore, including interest, according to court filings seen by Bloomberg. Roy’s liabilities have ballooned from ₹ 25,700 crore he was ordered to pay eight years ago, said the markets regulator SEBI.

The Supreme Court in 2012 ruled that Sahara group companies violated securities laws and illegally raised over $3.5 billion. The companies said monies were raised in cash from millions of Indians who could not avail banking facilities. SEBI could not trace the investors and when Sahara firms failed to pay up, the court sent Roy to jail. Sahara group in an emailed statement on Thursday said, it is absolutely wrong SEBI has “mischievously” added 15 per cent interest and it is a case of double payment as the companies have already paid back the investors, according to the statement.

Roy has so far deposited over ₹ 15,000 crore, SEBI said in the court filing. The court has not yet decided when the case will be heard next.