Dubai Court Tells Trader and Wife to Repay $1 Billion in Tax

  • Appeal court rules against Dubai-based trader Sanjay Shah
  • Shah intends to file appeal against the court’s civil ruling
Sanjay ShahPhotographer: Christopher Pike/Bloomberg
Lock
This article is for subscribers only.

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

A Dubai court has ordered Sanjay Shah, his wife, and companies tied to the hedge fund trader to repay Denmark more than 4.6 billion dirhams ($1.26 billion).