Dubai court okays fraud-accused Briton’s extradition to Denmark

A British hedge fund trader accused of massive fraud can be extradited to face charges in Denmark, Dubai's Court of Cassation has ruled as it rejected his final appeal.

Sanjay Shah, who was arrested in the Emirati financial hub last June, is wanted over an alleged 1.7 billion euro scam to help companies fraudulently claim Danish tax refunds.

An initial decision to reject Denmark's extradition request was overturned in the Court of Appeal last year, prompting Shah's appeal to the Court of Cassation.

The court "has upheld the Dubai Court of Appeal's ruling to grant Denmark's request for his extradition on charges of fraud and money laundering", Dubai Media Office said in a statement late on Monday.

Shah is accused of running a scheme for three years from 2012 in which foreign firms pretended to own shares in Danish companies and claimed

tax refunds.