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Dubai courts have sentenced Indian business tycoon Balvinder Singh Sahni, widely known as Abu Sabah, to five years in prison, followed by deportation and a substantial fine, after convicting him of spearheading a major money laundering network.
Sahni, renowned for his luxurious lifestyle and high-profile investments, was convicted alongside 32 others, including his own son, for orchestrating a sophisticated operation that funneled millions through shell companies and suspicious financial transactions both within and outside the UAE.
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The court’s verdict extended beyond Sahni, as several co-accused were tried in absentia and received varying prison terms and financial penalties. In addition to individual sentences, three companies implicated in the scheme were fined AED 50 million each, with all convicted individuals and corporate entities facing asset confiscation and mandatory deportation upon completion of their sentences.
The court’s decisive action underscores Dubai’s commitment to combating financial crime and sends a strong warning to those engaging in illicit activities, regardless of their social or economic standing. This landmark case is expected to set a precedent for future financial crime prosecutions and reinforce the UAE’s efforts to uphold transparency and accountability in its business environment.
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Minimum custom amount to enter is AED 2
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