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UAE arrests Briton over $1.7 billion Denmark tax fraud

Dubai police said the arrest was carried out under a bilateral extradition treaty. (Pic Dubai Police)
By TRENDS Desk AFP
June 3, 2022 11:16 pm
  • The police said Sanjay Shah, a suspect in the dividend-tax fraud case in Denmark, was arrested with the aim of subsequent extradition for prosecution in Denmark.
  • They said the arrest was carried out in close cooperation with Emirati authorities and under a bilateral extradition treaty signed in March 2022.

A 52-year-old Briton has been arrested in Dubai over a $1.7 billion dividend-tax fraud case in Denmark, the Gulf emirate’s police said Friday.

“Dubai police have arrested Sanjay Shah, a suspect in a 12 billion Danish krone ($1.7 billion) dividend-tax fraud case in Denmark, with the aim of subsequent extradition for prosecution in Denmark,” the police tweeted.

They said the arrest was carried out in close cooperation with Emirati authorities and under a bilateral extradition treaty signed in March 2022.

Brigadier Jamal al-Jallaf, the criminal investigations chief, explained on Dubai police’s Facebook page that under the fraud “foreign businesses pretended to own shares in Danish companies and claimed tax refunds for which they were not eligible”.

Danish authorities welcomed the arrest, with Justice Minister Mattias Tesfaye saying: “The Danish public has been defrauded a staggering amount, and it should by no means be possible for suspected perpetrators to hide in the Middle East and thus avoid being held accountable in a Danish courtroom.”

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