India, Aug. 30 -- Indian businessman Balvinder Singh Sahni, popularly known as Abu Sabah, was ordered by a Dubai court to jointly pay Dirham (Dh) 150 million ( Rs.3,58,04,38,500) with his co-defendants in the money laundering case that shocked the nation. Earlier, the court sentenced him to five years in jail and a fine of Rs.1 crore, adding that he will be immediately deported after completing his sentence.

An investigation into Sahni's business practices led to the discovery of illicit financial activity, reported the UAE state-owned English-language daily The National, citing court documents. Reportedly, he laundered money concealed in digital currencies, including Bitcoin. He continued his activities between October 2018 and January ...