Dubai court rejects Danish extradition request for financier

Sanjay Shah poses for a photograph on the Palm Jumeriah Island in Dubai, United Arab Emirates, Sept. 29, 2020. (AP)
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Updated 13 September 2022
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Dubai court rejects Danish extradition request for financier

  • After Danish authorities signed an extradition agreement with the UAE, Dubai police arrested Shah in June

DUBAI: A Dubai court has ruled 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 can be appealed by prosecutors within 30 days.
The elaborate tax scheme, which ran for three years beginning in 2012, allegedly involved foreign businesses pretending to own shares in Danish companies and claiming tax refunds for which they were not eligible.

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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.

“Of course we will try to get him (out) on bail now immediately,” Shah’s lawyer, Ali Al-Zarooni, said from the Dubai courthouse.
Prosecutors in Copenhagen did not immediately respond to request for comment.
The 52-year-old financier has maintained his innocence in past interviews with journalists but never appeared in Denmark to answer accusations.
Al-Zarooni had contested the extradition, arguing in past closed-door hearings that Denmark had “breached” the rules of international extradition treaties in unspecified ways. He refused to elaborate.
Shah’s lifestyle on Dubai’s luxurious palm-shaped island over the past few years had sparked outrage in Denmark.
After Danish authorities signed an extradition agreement with the UAE, Dubai police arrested Shah in June.
Shah is one of several suspects in the tax scheme sought by Danish authorities.
During his time in Dubai, the hedge fund manager ran a center for autistic children that shut down in 2020 as Denmark tried to extradite him. He also oversaw a British-based charity, Autism Rocks, which raised funds through concerts and performances.
In recent months, the UAE has arrested several suspects wanted for major crimes, including two of the Gupta brothers from South Africa, accused of facilitating vast public corruption and draining state resources with former President Jacob Zuma.
An Emirati official also recently became president of Interpol, the international police agency.

 


How succession works in Iran and who will be the country’s next supreme leader?

Updated 58 min 38 sec ago
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How succession works in Iran and who will be the country’s next supreme leader?

  • An 88-member panel called the Assembly of Experts “must, as soon as possible” pick a new supreme leader under Iranian law

DUBAI: The death of Iran’s Supreme Leader Ayatollah Ali Khamenei after almost 37 years in power raises paramount questions about the country’s future. The contours of a complex succession process began to take shape the morning after Khamenei’s assassination.
Here is what to know:
A temporary leadership council assumes duties
As outlined in its constitution, Iran on Sunday formed a council to assume leadership duties and govern the country.
The council is made up of Iran’s sitting president, the head of the country’s judiciary and a member of the Guardian Council chosen by Iran’s Expediency Council, which advises the supreme leader and settles disputes with parliament.
Iran’s reformist President Masoud Pezeshkian and hard-line judiciary chief Gholamhossein Mohseni Ejei are its members who will step in and “temporarily assume all the duties of leadership.”
A panel of clerics selects a new supreme leader
Though the leadership council will govern in the interim, an 88-member panel called the Assembly of Experts “must, as soon as possible” pick a new supreme leader under Iranian law.
The panel consists entirely of Shiite clerics who are popularly elected every eight years and whose candidacies are approved by the Guardian Council, Iran’s constitutional watchdog. That body is known for disqualifying candidates in various elections in Iran and the Assembly of Experts is no different. The Guardian Council barred former Iranian President Hassan Rouhani, a relative moderate whose administration struck the 2015 nuclear deal with world powers, from election for the Assembly of Experts in March 2024.
Khamenei’s son could be a possible contender
Clerical deliberations about succession and machinations over it take place far from the public eye, making it hard to gauge who may be a top contender.
Previously, it was thought Khamenei’s protégé, hard-line President Ebrahim Raisi, may try to take the mantle. However, he was killed in a May 2024 helicopter crash. That has left one of Khamenei’s sons, Mojtaba, a 56-year-old Shiite cleric, as a potential candidate, though he has never held government office. But a father-to-son transfer in the case of a supreme leader could spark anger, not only among Iranians already critical of clerical rule, but also among supporters of the system. Some may see it as un-Islamic and in line with creating a new, religious dynasty after the 1979 collapse of the US-backed Shah Mohammad Reza Pahlavi’s government.
A transition like this has happened only once before
There has been only one other transfer of power in the office of supreme leader of Iran, the paramount decision-maker since the country’s 1979 Islamic Revolution.
In 1989, Grand Ayatollah Ruhollah Khomeini died at age 86 after being the figurehead of the revolution and leading Iran through its bloody eight-year war with Iraq. This transition now comes after Israel launched a 12-day war against Iran in June 2025 as well.
The vast powers of a supreme leader
The supreme leader is at the heart of Iran’s complex power-sharing Shiite theocracy and has final say over all matters of state.
He also serves as the commander-in-chief of the country’s military and the powerful Revolutionary Guard, a paramilitary force that the United States designated a terrorist organization in 2019 and which Khamenei empowered during his rule. The Guard, which has led the self-described “Axis of Resistance,” a series of militant groups and allies across the Middle East meant to counter the US and Israel, also has extensive wealth and holdings in Iran.