Skip to content Skip to Search
Skip navigation

UAE extradites Sanjay Shah to Denmark over tax fraud  

UK citizen Sanjay Shah has been extradited to Denmark’s security mission after a Dubai court decision Creative Commons/Wikimedia
UK citizen Sanjay Shah has been extradited to Denmark’s security mission after a Dubai court decision
  • Dubai Court of Cassation ruling
  • UK citizen in UAE since 2009
  • $1.26bn allegedly owed

The UAE on Wednesday ordered the extradition of Sanjay Shah, a UK citizen, to Denmark to face charges of massive tax fraud and money laundering.

Shah was extradited to Denmark’s security mission following a decision by Dubai’s Court of Cassation, the UAE state-run Wam news agency reported.

The UAE justice minister has also approved the extradition, Wam said. 

Shah, who has been living in Dubai since 2009, is accused of running a scheme by which foreign investors were able to claim double dividend tax refunds for which they were not eligible. 

The scheme allegedly involved submitting applications to the Danish Treasury on behalf of foreign businesses for dividend tax refunds worth more than 9 billion Danish crowns ($1.32 billion). 

Shah is one of a number of alleged international fraudsters who have based themselves in the UAE. The extradition is consistent with a decision by the Financial Action Task Force to take the country off its so-called grey list which is expected next year.

The UAE signed an extradition agreement with Denmark in March 2022, one of 40 agreements in recent years.

Earlier in May, the emirate’s highest court refused an appeal by Shah in a judgement, stating “he must repay the funds in question”. 

The Danish authorities are seeking AED4.64 billion ($1.26 billion), plus 5 percent interest.

Shah’s UK lawyer, Chris Waters, managing partner at Meaby & Co in London, said in a statement to AGBI in May: “Our clients are obviously very disappointed with the judgement handed down by the Court of Cassation in Dubai.” 

An initial ruling by Dubai’s Court of First Instance dismissed the claim in August 2020, after which the case was taken to the Court of Appeal.

In September 2022, Dubai’s Court of Appeal ruled that Shah and several others, who were not identified, had unlawfully obtained tax refunds from the Danish tax authority, Skattestyrelsen, between 2012 and 2015. 

Shah then appealed the ruling, leading to the final judgement made by Dubai’s Court of Cassation.

Latest articles

FILE PHOTO: United Arab Emirates Minister of State for Foreign Trade Thani Al Zeyoudi gestures during an interview with Reuters in Dubai, United Arab Emirates, June 30, 2022. REUTERS/Abdel Hadi Ramahi/File Photo

UAE and Kenya complete Cepa negotiations

The UAE and Kenya have completed negotiations on a comprehensive economic partnership agreement (Cepa) between the two countries. It is the 12th Cepa deal secured by the UAE and its third in Africa, after agreements were signed last year with Mauritius and the Republic of the Congo (Congo-Brazzaville). “The UAE-Kenya Cepa will not only boost […]

Adnoc has bid for German polymer manufacturer Covestro but its offers €55 and €57 per share were rejected

Adnoc faces hurdles in completing ambitious European deals

Abu Dhabi state oil company Adnoc is facing challenges to a duo of major European deals it is trying to get over the finish line, according to media reports. Talks with Austrian energy group OMV have been put on hold to allow parties to navigate a series of disagreements, the Financial Times reported on Friday. […]

The 450 companies operating at Dubai Science Park include AstraZeneca, and the free zone plans to add 200,000 sq ft of lab and office space

Dubai Science Park reveals expansion plans

Dubai’s biotechnology free zone is adding 60 percent more offices, laboratories and warehouses over the next few years to cater for an influx of new companies, its senior vice-president told AGBI.  Dubai Science Park, part of Dubai-listed Tecom Group, is planning an expansion of 200,000 sq ft of additional storage and logistics facilities at the […]

A worker at a phosphate production plant in Metlaoui, Tunisia. Phosphate accounts for 15% of Tunisia's exports

Saudi Arabia loans $55m for Tunisian rail renewal

Saudi Arabia has signed a $55 million loan deal with Tunisia to finance the renewal of the North African country’s rail network.  The railway is used to transport phosphate, a sector that makes up around 4 percent of Tunisia’s GDP and 15 percent of the country’s exports. Tunisia plans to produce eight million tonnes by […]