Indian billionaire Balvinder Singh Sahni sentenced to five years in jail in Dubai for cash laundering | Trending
Dubai-based Indian billionaire Balvinder Singh Sahni was sentenced to 5 years in jail final week on expenses of cash laundering. In line with Gulf Information, a Dubai courtroom ordered the confiscation of 150 million AED ( ₹344 crore) from the businessman, who’s extensively often called ‘Abu Sabah’.
Sahni, a fixture in Dubai’s elite circles, has been convicted of laundering 150 million dirham by way of a community of shell firms and cast invoices. Dubai’s Fourth Felony Courtroom has imposed a fantastic of 500,000 AED on the Indian businessman and sentenced him to 5 years in jail.
The courtroom has additionally ordered that Sahni be deported after the completion of his jail sentence. Sahni’s son was among the many 32 different folks convicted alongside him, reported Khaleej Instances.
Balvinder Singh Sahni was identified for his extravagant shows of wealth – the property developer as soon as paid $9 million for a coveted license plate for one in all his Rolls Royce automobiles.
The case towards Abu Sabah
The case towards Sahni, chairman of RSG Group, was initially filed on the Bur Dubai Police Station in 2024. It was transferred to the Public Prosecution on December 18 that 12 months. The primary courtroom session came about on January 9, 2025, the place prosecutors laid out proof of a classy laundering operation involving shell firms, pretend industrial partnerships, and suspicious monetary transactions spanning each UAE and worldwide jurisdictions.
The case culminated in a Might 2025 conviction, with the Dubai courtroom ordering Sahni to pay a fantastic of AED 500,000 and to forfeit property value AED 150 million, believed to be proceeds of the criminal activity.
The courtroom additionally ordered his deportation upon finishing the sentence. His eldest son was amongst 32 others convicted, with some defendants tried in absentia. A number of acquired lighter penalties, together with one-year jail phrases and fines of AED 200,000, whereas three firms had been every fined AED 50 million.
Authorities seized digital units, paperwork, and monetary information as a part of the probe, which highlighted the usage of cast invoices and partnerships to masks illicit transactions.
