Dubai court rejects Danish extradition request for British financier

Sanjay Shah poses for a photograph on the Palm Jumeriah Island in Dubai (Christopher Pike/AP)

A British man suspected of masterminding a £1.5 billion tax scheme cannot be extradited to Denmark to face charges, an Emirati court has ruled.

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 fraud cases.