A Dubai court has rejected an appeal by a British citizen charged with defrauding Danish tax authorities and ordered him to pay more than $1 billion to Denmark, according to a court document dated Tuesday and seen by Reuters.
A ruling issued by the Dubai Court of Cassation, its highest court, says Sanjay Shah must repay 4.643 billion dirhams ($1.3 billion) plus 5% interest to Denmark.
Shah's lawyer, Ali Al Zarouni, did not immediately respond to an emailed request for comment. His media and political adviser, Jack Irvine, said in an email that he had not spoken with Shah since Tuesday's court ruling.
