Dubai Court of Appeal orders British businessman to pay $1.25bn to Denmark in tax fraud case

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Dubai Court of Appeal orders British businessman to pay $1.25bn to Denmark in tax fraud case

A British man accused by Denmark of a $1.7bn tax fraud has been ordered by Dubai Court of Appeal to pay Copenhagen's tax authority $1.25bn, according to an Associated Press report citing court filings seen on 16 September. The Danish tax authority, Skattestyrelsen, had filed the civil case against Shah in 2018 through a local Dubai law firm. Only days previously (12 September), another Dubai court refused Denmark's request to extradite British hedge fund trader Sanjay Shah over the alle...

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