Billionaire Balvinder Sahni gets 5 years in jail in Dubai for money laundering

Balvinder Singh Sahni, the Dubai-based billionaire Chairman of RSG Group, has been sentenced to five years in jail for money laundering. A court ordered confiscation of 150 million dirhams (₹344 crore) from Sahni, also known as 'Abu Sabah', and imposed a 500,000 dirhams (over ₹1 crore) fine on him. He's known for obtaining the D5 number plate after fierce bidding.