By Nikolaj Skydsgaard
A Briton charged with defrauding Danish tax authorities, Sanjay Shah, will be extradited to Denmark from the United Arab Emirates, authorities on both sides said on Monday.
Shah is suspected of running a scheme that involved submitting applications to the Danish Treasury on behalf of investors and companies from around the world for dividend tax refunds worth more than 9 billion Danish crowns ($1.32 billion).
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
