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DUBAI, Sept 12 (Reuters) – A judge in the United Arab Emirates on Monday refused to extradite Briton Sanjay Shah, a prime suspect in the Danish dividend tax fraud case, to Denmark, a lawyer representing Shah told Reuters. .
Danish authorities have requested the extradition of Shah, who was arrested in Dubai in June, for his alleged involvement in a sham trading scheme for double taxation – so-called “cum-ex” dealings. read more
He is suspected of running a scheme that involved filing tax refund applications for dividends worth more than DKK 9 billion ($1.23 billion) to the Danish Ministry of Finance on behalf of investors and companies from around the world.
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Reuters could not immediately reach a spokesman for Shah for comment. He has previously denied any wrongdoing.
It is unclear why the extradition was refused.
Shah’s lawyer Ali Al Zarooni said the public prosecution could appeal the decision within 30 days. There was no immediate comment on the court ruling by UAE authorities or the Danish Ministry of Justice.
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Reporting by Alexander Cornwell in Dubai, Additional reporting by Nikolaj Skydsgaard in Copenhagen, Writing by Stine Jacobsen, Editing by Terje Solsvik
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