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Indian Billionaire Vikas Ranvir Oberoi Faces Investigation over Fatal Supercar Crash in Italy

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Geeta Pillai
New Update

An Indian billionaire, Vikas Ranvir Oberoi, is under investigation following a fatal road accident in San Giovanni Suergiu, southern Sardinia, that claimed the lives of two Swiss tourists. The incident occurred during a gathering of luxury sports cars, where Oberoi was driving a Lamborghini Huracan. Oberoi, one of India's wealthiest individuals with an estimated net worth of $3.8 billion, currently faces charges for double road murder under Italian law. This crime carries a potential sentence of two to seven years.

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Details of the Accident

The accident involved a Ferrari Portofino driven by Swiss couple Markus and Melissa Krautli, aged 67 and 63, respectively. As they attempted to overtake other cars on the scenic Sardinian roads, Oberoi is alleged to have made a risky manoeuvre in his Lamborghini, obstructing the Ferrari's path. This resulted in a collision, causing the Ferrari to veer off the road and catch fire, tragically leading to the Swiss couple's death. Despite severe injuries, Oberoi and his wife, Bollywood star Gayatri Joshi, survived the crash.

Legal Implications and Possible Sentence

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The severity of the charges against Oberoi stems from the loss of life caused by the accident. The case is currently under investigation by local authorities, with Oberoi's legal team reportedly cooperating fully. If convicted, the billionaire could face a significant term in prison, marking a substantial fall from grace for one of India's most successful entrepreneurs.

Public Response and Repercussions

The incident has sparked widespread shock and sadness in India and Italy, raising serious questions about responsibility and the consequences of reckless driving. In Oberoi's home country, India, the public reaction has been particularly strong. The accident has also ignited debates around road safety, especially when it comes to driving high-speed vehicles on public roads. As the legal proceedings unfold, the incident serves as a stark reminder of the potential dangers and severe consequences of reckless driving.

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About Vikas Oberoi

Vikas Oberoi, chairman and managing director of Oberoi Realty Ltd, is a prominent figure in Mumbai's real estate sector. Oberoi Realty Ltd, known for its high-end suburban condominiums, was founded by Ranveer Oberoi three decades ago. In addition to property, Oberoi invests in housing, corporate, hospitality, and retail. He also owns Mumbai's famous Westin Hotel and is building the financial capital's first Ritz-Carlton hotel and residences. Oberoi, an alumnus of Mumbai University and Harvard Business School, married actress Gayatri Joshi in 2005. The couple has two sons.

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