Today: 7 May 2025
30 December 2022
1 min read

Dubai Court grants extradition of Sanjay Shah to Denmark

Shah’s fraud scheme involved submitting thousands of applications to the Danish Treasury on behalf of investors and companies from several countries around the world …reports Asian Lite News

A British citizen of Indian-origin, accused of money laundering and committing tax fraud to the tune of $1.7 billion, will be extradited to Denmark, a Dubai court ruled.

Sanjay Shah, 52, a British hedge-fund trader, is accused of masterminding a scam, which ran for three years since 2012, has been described as one of the largest fraud cases in Denmark’s history.

Shah’s fraud scheme involved submitting thousands of applications to the Danish Treasury on behalf of investors and companies from several countries around the world in order to receive dividend tax refunds, the Dubai Police said in a statement.

Essam Issa Al Humaidan, Attorney General of Dubai, to the Dubai Court of Cassation, against a previous ruling of the Dubai Court of Appeal rejecting a request for Shah’s extradition, according to a media statement released on Thursday.

The Court of Cassation decided to return the case to the Court of Appeal for reconsideration by a different judicial body.

This Court ruled to extradite him to the Danish authorities.

Dubai Public Prosecution submitted to the Court of Appeal all papers and documents submitted by the Danish authorities against Shah, which showed his involvement in fraud and money laundering, according to the statement.

Shah, who lived on The Palm Jumeirah in Dubai, was arrested earlier this year following an extradition request from Danish authorities.

His lawyer Ali Al Zarouni said his client will appeal against the extradition ruling made by Dubai Court of Appeal.

The arrest and ruling align with Dubai’s commitment to combat illegal financial activities, including money laundering.

ALSO READ: Dubai set to welcome New Year with dazzling events

Previous Story

Emiratisation fine of Dh72,000 to take effect from Jan 1

Next Story

‘India supports UAE’s maritime initiatives’

Latest from -Top News

India Strikes Terror Bases in Pakistan

‘Justice is served’, says Indian Army as Operation Sindoor unfolds In a significant military response to the deadly terror attack in Pahalgam that claimed 26 civilian lives, the Indian Army on Wednesday

UAE Reopens Doors to Lebanon

The prime minister expressed Lebanon’s “utmost gratitude and appreciation to the UAE” and President Sheikh Mohamed bin Zayed Al Nahyan….reports Asian Lite News Lebanon welcomed the decision by the United Arab Emirates

SYRIA RAIDS: Arab League Slams Israel

The Arab League condemned the airstrikes and called on the international community and the United Nations to confront what it described as “repeated violations committed by Israel against the Syrian state.” The

India Rises, Africa Watches 

While struggling economies in Africa engulf themselves in ideological battles and take sides in the tariff battles, nations like India are placing their national interest first and navigating Global Trade challenges in

WAVES 2025: Jaishankar Advocates Cultural Pluralism

External Affairs Minister S. Jaishankar delivered a powerful address at the WAVES 2025 Global Media Dialogue, highlighting the significance of cultural pluralism in shaping global change. Speaking on the second day of
Go toTop

Don't Miss

Hamdan initiates 50 projects to improve citizen’s quality of life

During the meeting, Sheikh Hamdan was briefed on the seven

MBZ, Greek PM explore boosting bilateral ties 

The meeting addressed cooperation between the UAE and Greece, particularly