An Emirati court ruled on Monday that a British man suspected of masterminding a $1.7 billion tax scheme cannot be extradited to Denmark to face charges.
The decision in the high-profile case grants the hedge fund trader, Sanjay Shah, a victory against Danish authorities who sought him for his role in one of the country’s largest-ever fraud cases. Monday’s court ruling, delivered in a brief hearing without explanation, can be appealed by prosecutors.
