Denmark’s Pursuit of Hedge Fund Trader ‘Politically Motivated’

The 1.5 billion pound ($2.1 billion) trial against hedge fund trader Sanjay Shah and his associates was “politically motivated” and designed to “make an example” of those involved, a London judge said.

Judge Andrew Baker made a series of criticisms aimed squarely at the Denmark tax authority and politicians in a ruling on Tuesday. Last month, Shah won his bid to get the suit dismissed, after Baker said that the U.K. wasn’t the proper place to bring a foreign tax claim. The Danish agency said it would appeal.

“The litigation was brought and aggressively pursued, by a sovereign state with ...