Indian Who Owns World's Most Expensive Fancy Number Now In Jail: Here's Why

We have Indians who are settled abroad and are successfully running businesses. Many of them are doing well and even leading a lavish lifestyle. One such person was Balvinder Singh Sahni. His name has lately been in the news after he was sentenced to 5 years in jail on charges of money laundering in Dubai. If you still don’t recognize him, he is the same guy who had actually bought a black-colored Bugatti and parked it in the center of his mansion on advice that something black would protect him from the evil eye. Well, we guess it didn’t work.

Who Is Balvinder?

Balvinder Singh Sahni is widely known as Abu Sabah, is Dubai-based Indian businessman who is the founder of the RSG Group of Companies, which is a property management firm. As per the reports available online, his firm operates in the UAE, the US, India, and other countries.

Sahni was operating his business from Dubai, and he was often seen in Emirati attire with a baseball cap. Just like many rich businessmen around the world, Balvinder also leads a lavish lifestyle, and expensive cars are part of it. There are several videos available online that show his luxurious mansion and expensive car collection.

He owns cars like three Rolls-Royce Cullinan SUVs and two Rolls-Royce Phantom VIII luxury saloons. What made these cars extremely expensive was the registration number. The businessman had bought the number D5 for his Rolls-Royce in an auction, and he had spent around ₹76 crore just for the number.

Apart from the Rolls-Royce, he also owns a G63 AMG and has also parked a Bugatti Chiron in the center of his mansion at Palm Jumeirah. He bought a rare Noir version, which is limited to 20 units in the world. The reason he kept the car inside the house is because someone had advised him that something black would help keep the evil eye away.

In fact, in one of the interviews, he mentioned that he doesn’t know the exact number of cars he owns. He also said that the registration numbers on his cars are much more expensive than the cars themselves.

Why Is He in Jail?

Balvinder Singh Sahni is actually accused of being involved in a money laundering case with a criminal organization. Last week, a Dubai court sentenced him to 5 years in jail. The court also ordered confiscation of 150 million AED (₹344 crore) from the businessman. As per the reports, the businessman had laundered Dh150 million through a network of shell companies and suspicious financial transactions.

Apart from this, Balvinder has also been asked to pay a fine of 500,000 AED (₹1.14 crore). The court has also asked the authorities to confiscate his funds, electronic devices, and financial records.

Sahni’s son is also among the 32 accused who were convicted in this case. Some of the accused were sentenced to 1 year in prison and lighter penalties. The court also ordered Sahni’s deportation after he finishes his time in jail.