2 hours ago
Staff Reporter
An extradition request against Bulgarian billionaire, Vasil Krumov Bozhkov, was rejected by UAE authorities.
Bulgarian prosecutors charged him with 18 crimes, including leading an organised crime group, tax evasion, and attempted bribery.
Bozhkov, 64, who left Bulgaria for Dubai as a tourist in January 2020 where he was briefly detained and then released, denied any wrongdoing before the UAE authorities.
“Abu Dhabi Federal Criminal Court of Appeal declared in a final and irrevocable judgement that no extradition order would be made against our client,” said Ghassan El Daye, from Charles Russell Speechlys (CRS) representing Bozhkov.
The extradition request is related to allegations of tax evasion and other claims amounting to more than 300 million Euros, said head of CRS’s Dubai Regional Litigation team defending Bozhkov.