Who is Balvinder Singh Sahni? Indian billionaire jailed in Dubai, kept black Bugatti to 'wards off evil eye'

Dubai-based Indian billionaire Balvinder Singh Sahni jailed for money laundering - The Tribune

Indian businessman Balvinder Singh Sahni, also known as Abu Sabah, has been sentenced to five years in prison for money laundering and other financial crimes. A court in Dubai also fined him dinar 500,000 (around Rs 1.15 crore) and ordered him to give up assets worth dinar 150 million (around Rs 344 crore). After serving his jail term, he will be deported from the UAE.

Who is Balvinder Singh Sahni, the Indian-origin billionaire jailed in Dubai?

Balvinder Singh Sahni, a Dubai-based Indian-origin business tycoon, has been sentenced to five years in prison after being found guilty of financial crimes, including money laundering. Sahni, a Punjabi heritage businessman popularly known as Abu Sabah, is chairman of the multi-billion dirham conglomerate, RSG Group. He has come to the limelight for his lavish lifestyle and love for luxury cars

Who is Balvinder Singh Sahni? Indian billionaire jailed in Dubai, kept black Bugatti to 'wards off evil eye'

Dubai-based Indian billionaire Balvinder Singh Sahni was accused of being involved in money laundering through a criminal organisation. Last week, he was sentenced to five years in prison and fined Dh500,000 ( ₹1 crore).

Who Is Balvinder Singh Sahni, Indian-Origin Billionaire Jailed In Dubai For Money Laundering

Dubai-based Indian businessman Balvinder Singh Sahni will be jailed and deported from the United Arab Emirates (UAE) for financial crimes, including money laundering.

Indian billionaire Balvinder Singh Sahni sentenced to 5 years in jail in Dubai for money laundering

Dubai-based Indian billionaire Balvinder Singh Sahni was sentenced to five years in jail last week on charges of money laundering.

The Gulf Emirate no longer wants to be considered negligent in terms of legal certainty. This has now been felt by an Indian entrepreneur who was charged with money laundering by a court in Dubai.