Dubai: Indian businessman jailed 5 years, fined ₹1 crore in money laundering case

Dubai: Indian businessman jailed 5 years, fined ₹1 crore in money laundering case

An Indian businessman in Dubai has been sentenced to 5 years in prison and fined ₹1 crore after being found guilty of money laundering. The case, tried in a Dubai court, highlights the UAE’s crackdown on financial crimes involving foreign nationals. Authorities continue to investigate linked transactions as part of a broader anti-corruption effort.