The London-based Indian billionaire who shared prison time with the ‘bikini killer’

• The Indian billionaire Rajendra Singh Sethia was declared innocent just last month after 34 years of fight.
  
• His ₹7.5 billion business empire collapsed in 30 months.
  
• Sethia once owned, a luxurious limousine, a fleet of ships, several casinos and trading companies struggled to gather ₹1 million to get him bailed.
  

The Indian billionaire Rajendra Singh Sethia -- who made international headlines for carrying out the "world's biggest bankruptcy" -- was declared innocent just last month after 34 years of fight.

His ₹7.5 billion business empire collapsed in 30 months. Sethia once owned, a luxurious limousine, a fleet of ships, several casinos and trading companies struggled to gather ₹1 million to get him bailed. Three Indian banks led by Punjab National Bank and the creditors were after his life for recovering $150 million after the dissolution of Esal Commodities.

However, the court cleared his name as an accused after the prosecution failed to prove charges of fraud against him.

(with IANS)