Balvinder Singh Sahni, an Indian billionaire living in Dubai, has been sentenced to 5 years in jail for money laundering. The court also ordered that 150 million AED (around ₹344 crore) and an extra 5,00,000 AED (around ₹1.14 crore) be taken from him, according to Gulf News.

Sahni, also known as ‘Abu Sabah’, is the founder of the Raj Sahni Group (RSG), which does business in the UAE, US, India, and other countries. He is also known for his luxurious lifestyle, he once spent 33 million dirhams to buy a fancy car number plate ‘D5’, one of the most expensive ever sold in the UAE.

About Sahni’s luxurious life

Dubai-based Indian billionaire Balvinder Singh Sahni is known for his obsession with the number 9, flashy cars, and rare number plates. He grabbed headlines in 2016, after spending AED 33 million (around ₹80 crore) on the “D5” license plate and AED 24.5 million on the “O9” plate, both linked to his lucky number. He also bought an exclusive mobile number (058-8888888) for AED 4.5 million.

Sahni, often in the spotlight for his luxurious lifestyle, lives in a lavish $100 million mansion in Dubai and is better known for his extravagant spending than his business ventures. In a 2022 interview, Balvinder Singh Sahni said he owns both Dubai 5 and Abu Dhabi 5 number plates and admitted, “I don’t even know how many cars I have. My number plates alone are worth more than my vehicles.”

His extravagant lifestyle includes a fleet of Rolls-Royce cars, a Mercedes-AMG G63, and a luxurious mansion featuring custom-made Bentley furniture and even a Bugatti Chiron on display, as shown in a video by Mo Vlogs.

Charges against Balvinder Singh Sahni

Balvinder Singh Sahni was found guilty of money laundering through a criminal network. He was sentenced to jail and fined for moving Dh150 million using fake companies and suspicious money transfers. The Dubai Court also ordered that after finishing his jail term, he would be deported. His money, electronic devices, and financial records will be taken by the authorities.