UAE judge rejects extradition of main suspect in Danish tax fraud case

Published: Updated:
Read Mode
100% Font Size
1 min read

A UAE judge on Monday rejected the extradition to Denmark of Briton Sanjay Shah, the main suspect in a Danish dividend tax fraud case, a lawyer representing Shah told Reuters.

Danish authorities had requested the extradition of Shah, who was arrested in Dubai in June, for prosecution over his alleged involvement in a sham trading scheme to make double tax reclaims - known as “cum-ex” trading.

For the latest headlines, follow our Google News channel online or via the app.

He is suspected of running a scheme that involved submitting applications to the Danish Treasury on behalf of investors and companies from around the world for dividend tax refunds worth more than 9 billion Danish crowns ($1.23 billion).

Reuters was not immediately able to reach Shah’s spokesperson for a comment. He has previously denied any wrongdoing.

It was not immediately clear why the extradition was rejected.

The public prosecution could appeal that decision within 30 days, Shah’s lawyer Ali Al Zarooni said. There was no immediate comment by UAE authorities or the Danish Justice Ministry on the court ruling.

Read more:

Dubai arrests British man over $1.7 billion Denmark tax fraud case

UAE tourism returns surpass $5 billion: Dubai ruler

UAE refutes racism, exploitation claims by UK think tank on African workers

Top Content Trending