City Of London
Hedge-Fund Trader Facing Danish Tax Fraud Charges Arrested in Dubai
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Hedge-fund trader Sanjay Shah was arrested in Dubai this week for possible extradition to Denmark, where Shah faces charges in connection with a $1.9 billion cum-ex case, the government said.
“We will push for an extradition as soon as possible,” Danish Foreign Minister Jeppe Kofod said in a tweet on Friday. The Danish broadcaster DR reported that a local judge will soon decide if Shah is to be handed over to Danish authorities.