Dubai court sentences 3-year jail term to Atlas Ramachandran

A court in Dubai on Thursday sentenced MM Ramachandran, chairman of the Atlas Group, to three years in jail in a case of financial fraud.The 74-year-old businessman, popularly known as “Atlas” Ramachandran, had been in police custody since August after cheques for 34 million dhirams issued by his group bounced. Ramachandran was sentenced to jail by the Dubai Misdemeanour Court. “Ramachandran will be jailed for three years,” Read More