Explained: Sanjay Shah s downfall from extravagant living to extradition - News khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
UAE extradites British financier Sanjay Shah to Denmark tag911.ae - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tag911.ae Daily Mail and Mail on Sunday newspapers.
COPENHAGEN (Reuters) - A second Briton charged with defrauding Danish tax authorities in a sham trading scheme to make double tax reclaims was extradited from Britain to Denmark on Tuesday, Danish police said.
A Dubai court has ordered Indian-origin hedge fund trader Sanjay Shah, convicted of tax fraud and money laundering, to pay Denmark's tax authority 4.6 billion dirhams ($1.25bn), thus rejecting a final appeal by him against a civil lawsuit, .
The Dubai Court of Cassation issued a binding ruling this month, saying Shah must pay the amount as part of a civil case that was filed by Denmark s tax authority (Skat) five years ago, The National reported.Shah