Dubai court rejects Danish extradition request for financier
2 years, 6 months ago

Dubai court rejects Danish extradition request for financier

Associated Press  

DUBAI, United Arab Emirates — A Dubai court ruled on Monday that a British man suspected of masterminding a $1.7 billion tax scheme cannot be extradited to Denmark to face charges. The decision in the high-profile case grants the hedge fund trader, Sanjay Shah, a victory against Danish authorities who sought him for his role in one of the country’s largest-ever fraud cases. The elaborate tax scheme, which ran for three years beginning in 2012, allegedly involved foreign businesses pretending to own shares in Danish companies and claiming tax refunds for which they were not eligible. “Of course we will try to get him on bail now immediately,” Shah’s lawyer, Ali al-Zarooni, told The Associated Press from the Dubai courthouse.

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History of this topic

Indian-origin trader in Denmark gets 12-year jail for $1.2-billion tax fraud
3 months, 2 weeks ago

Indian-origin trader in Denmark gets 12-year jail for $1.2-billion tax fraud

India Today  

A 54-year-old Indian-origin British hedge fund trader has been sentenced to 12 years in prison in Denmark after being found guilty of tax fraud that cost the Danish government over $1.2 billion. Shah, founder of London-based hedge fund Solo Capital Partners, was also handed a permanent entry ban to Denmark and will have assets worth $1 billion 7.2 billion) seized, …

A British financier sought for huge tax fraud is extradited to Denmark from UAE
1 year, 3 months ago

A British financier sought for huge tax fraud is extradited to Denmark from UAE

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A Dubai-based British hedge fund …

Dubai approves extradition of financier accused of tax fraud
2 years, 3 months ago

Dubai approves extradition of financier accused of tax fraud

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A court in Dubai on …

Dubai court orders man to pay $1.25B to Denmark in tax case
2 years, 6 months ago

Dubai court orders man to pay $1.25B to Denmark in tax case

Associated Press  

DUBAI, United Arab Emirates — A British man accused by Denmark of masterminding a $1.7 billion tax fraud has been ordered by a Dubai court to pay Copenhagen’s tax authority $1.25 billion, court filings seen Friday show, just days after another Dubai court rejected an extradition order for him. The order by the Dubai Court of Appeal against Sanjay Shah …

In Dubai, $1.7B Denmark fraud suspect contests extradition
2 years, 6 months ago

In Dubai, $1.7B Denmark fraud suspect contests extradition

Associated Press  

DUBAI, United Arab Emirates — The lawyer of a British man who was arrested in Dubai for allegedly masterminding a $1.7 billion tax scheme in Denmark asked judges on Monday not to extradite him. Denmark wants hedge fund trader Sanjay Shah extradited from the United Arab Emirates, but Shah’s lawyer, Ali al-Zarooni, argued in court that an international extradition treaty …

In Dubai, $1.7B Denmark fraud suspect contests extradition
2 years, 6 months ago

In Dubai, $1.7B Denmark fraud suspect contests extradition

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The lawyer of a British …

Dubai arrests British man over $1.7B Denmark tax fraud case
2 years, 9 months ago

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

Associated Press  

DUBAI, United Arab Emirates — Dubai police said Friday they arrested and planned to extradite a British man to Denmark, wanted there for allegedly masterminding a $1.7 billion tax scheme, one of the country’s largest-ever fraud cases. The arrest of hedge fund trader Sanjay Shah came after Danish officials signed an agreement in March allowing for extradition between the United …

Danish court find 3 Iranians guilty of spying for Saudis
3 years, 1 month ago

Danish court find 3 Iranians guilty of spying for Saudis

Associated Press  

COPENHAGEN, Denmark — Three members of an Iranian separatist group, the Arab Struggle Movement for the Liberation of Ahwaz, were found guilty by a Danish court on Friday of promoting terror in Iran and gathering information for an unnamed Saudi intelligence service. The court in Roskilde, west of Copenhagen, said that it found they gathered information about individuals and organizations …

Man was who tortured in Dubai jail campaigns for UK to end extradition deal with UAE
7 years, 4 months ago

Man was who tortured in Dubai jail campaigns for UK to end extradition deal with UAE

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. After this Mr Haigh said he decided to leave …

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