Denmark Loses Extradition Request for Shah, But Dubai Court Orders Him to Pay Denmark $1 Billion

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Friday, September 23, 2022
Author: 
Bruce Zagaris
Volume: 
38
Issue: 
10
Abstract: 

On September 12, 2022, a  United Arab Emirates court denied the extradition request by Denmark for Dubai to extradite British national Sanjay Shah, the principal suspect in a Danish cum-ex dividend tax fraud cause.[1]   On September 16, a Dubai court ordered Shah and several other people and companies connected to him to repay Denmark more than 8 billion kroner ($1.1 billion).[2]



[1]    Alexander Cornwell,  Nikolaj Skydsgaard,  Stine Jacobsen;  Terje Solsvik and Alison Williams, UAE judge rejects extradition of main suspect in Danish tax fraud case, Reuters, Sept. 12, 2022.

[2]    Dubai court orders Sanjay Shah, others to pay Denmark $1 billion, Bloomberg, Sept. 16, 2022.