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A British hedge funder trader has been sentenced to 12 years in prison in Denmark over a £1bn tax fraud. Sanjay Shah, 54, was behind a trading scheme known as "cum-ex" that was found to have fraudulently secured 9bn Danish Krone (£1bn) in dividend tax refunds from the Danish treasury between 2012 and 2015. Shah, who appeared in court wearing a red Christmas hat, denied any wrongdoing, arguing he used a legal loophole and immediately appealed the guilty verdict to the Danish High Court.Prosecutors sought the maximum 12-year sentence, which is one of the longest for tax fraud in the country's history.Shah was arrested in Dubai in 2022 and extradited to Denmark the following year to face prosecution. Prosecutors said investors, directed by Shah's London-based hedge fund Solo Capital Partners,...

A 28-year-old woman has been found not guilty of murdering her wealthy 77-year-old husband who styled himself as a Japanese Don Juan.Saki Sudo was charged after Kosuke Nozaki was found dead at his home in Tanabe City from a drug overdose in May 2018.The pair had wed just three months earlier, and she received a monthly allowance of one million yen (£5,170) from him, the Kyodo news agency reported.Prosecutors accused her of marrying Mr Nozaki and then drugging him to inherit his fortune.The young widow denied murder. Image: Mr Nozaki's home in Tanabe City where he was found dead. Pic: The Yomiuri Shimbun /AP Sudo was the only person with Mr Nozaki at the time he took the drugs, prosecutors said, arguing that it was unlikely ...

A former Premier League footballer has been jailed for 20 years for bribery, Chinese state media has reported.Li Tie, who played in midfield for Everton more than 30 times between 2002 and 2006, went on to manage the China national team between January 2020 and December 2021. It is alleged the 47-year-old received bribes of more than 50 million yuan (£5.4m).He was found guilty of "leveraging his positions" as head coach of the national football and national selection teams by a court in the city of Xianning.Li Tie was also charged with taking bribes between 2015 and 2019 while working for local football clubs. He pleaded guilty to bribery and corruption in March following an investigation which began in November 2022.Read more from Sky News:Economy in shock decline during OctoberRoyal Mail...

Russia has established "direct contact" with Syria's Hayat Tahrir al Sham (HTS) rebel group, according to state media outlet Interfax.It reported that deputy foreign minister Mikhail Bogdanov told journalists that Russia was aiming to maintain its military bases inside Syria. Mr Bogdanov said contact with HTS was "proceeding in constructive fashion" and that Moscow hoped the group would fulfil its pledges to maintain order and ensure the safety of diplomats and other foreigners within Syria.Follow the latest updates on Syria"The bases are still there, where they were on Syrian territory," he said. "No other decisions have been made for the moment. "They were there at the Syrians' request with the aim of fighting terrorists from the Islamic State."I am proceeding on the basis of the notion ...