Denmark's Minister of Justice Nick Hækkerup has signed an extradition agreement with the United Arab Emirates which it said would help to progress criminal cases including one involving a UK citizen who is charged with a multi-million alleged defrauding of the Danish tax authorities using so-called ‘cum-ex' trading schemes. According to Reuters, a ministry spokeswoman confirmed that the individual in question is Sanjay Shah, a British citizen accused of defrauding Danish tax authorities of up to 7 billion Danish crowns ($1.04bn). Shah, who lives in Dubai, denies any involvement, and h...
To continue reading this article...
Join International Investment
Signup and gain exclusive members-only insights
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
