Business Accused in Rs 5,000 crore bank fraud case held in Dubai Updated : August 15, 2018 08:36 PM IST Officials said Sandesara was arrested by Dubai police based on a non-bailable arrest warrant issued by an Indian court. It is alleged that the company took loans of over Rs 5,000 crore from a consortium led by Andhra Bank which had turned into non-performing assets. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.