Asil Nadir

Fugitive tycoon Asil Nadir has flown back to the UK, after evading trial since 1993.

Mr Nadir, 69, left his home in northern Cyprus to face fraud charges relating to the collapse of his Polly Peck business empire in 1990.

He told the BBC he had fled Britain after battling "with immense injustice and tremendous abuse of power".

He has driven to London and will appear at the Old Bailey on 3 September. A bail surety of £250,000 has been paid.

The businessman arrived at Luton Airport at 1323 BST on Thursday, where he was met by immigration officials.

Accompanied by his wife, Nur, he was surrounded by photographers when he left the plane, before being driven from the airport in a grey Jaguar and with a police escort.

He was taken to a property in Mayfair, central London, where a family reunion was expected to take place. Two of his sons and his sister live in the UK.

Arriving, he said: "I'm delighted to be here. It's been a long time and I've missed the country."

Fugitive tycoon Asil Nadir has flown back to the UK, after evading trial since 1993.

Mr Nadir, 69, left his home in northern Cyprus to face fraud charges relating to the collapse of his Polly Peck business empire in 1990.

He told the BBC he had fled Britain after battling "with immense injustice and tremendous abuse of power".

He has driven to London and will appear at the Old Bailey on 3 September. A bail surety of £250,000 has been paid.

Mr Asil Nadir, the former chief executive of Polly Peck International today began to give evidence in the current trial at the Central Criminal Court (The Old Bailey). Bark & Co have been acting for Mr Nadir since 2010.

Former fugitive tycoon Asil Nadir has told a court that he fled Britain because he was a “broken man without hope”.

Nadir said he could not see how he could get a fair trial on theft charges in 1993.

His offices had been raided, his papers seized and there was an allegation that an attempt had been made to bribe his trial judge.

Nadir, 71, said: “I was a totally broken man. My health was in tatters, my hope of a fair trial was in tatters, I had zero hope of receiving a fair trial.”

Nadir was giving evidence at the Old Bailey where his trial for theft is in its fifth month.



The former head of Polly Peck International (PPI) is accused of siphoning off £150 million from his business empire.

The company was put into administration in 1990 with debts of £550 million.

Nadir, of Mayfair, central London, denies 13 specimen counts of theft amounting to £34 million between 1987 and 1990.

He fled Britain for his native Northern Cyprus before he could be tried, returning voluntarily in August 2010.

The prosecution says his flight from the country for 17 years is evidence of dishonesty.

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R v Asil Nadir Description: Bark & Co has been instructed by the former CEO of Polly Peck International (PPI) in an alleged multi-million pound fraud. The client faced 66 counts of Fraud & Theft, but failed to appear in the 1993 trial. Mr Nadir has returned to the UK to fight to clear his name. The trial is due to commence in January 2012. Significance: One of the first high profile SFO prosecutions.

Mr Asil Nadir, the former chief executive of Polly Peck International today began to give evidence in the current trial at the Central Criminal Court (The Old Bailey). Bark & Co have been acting for Mr Nadir since 2010.

FORMER fugitive tycoon Asil Nadir told a court today that he fled Britain because he was a "broken man without hope".
Nadir said he could not see how he could get a fair trial on theft charges in 1993.
His offices had been raided, his papers seized and there was an allegation that an attempt had been made to bribe his trial judge.
Nadir, 71, said: "I was a totally broken man. My health was in tatters, my hope of a fair trial was in tatters, I had zero hope of receiving a fair trial."
Nadir was giving evidence at the Old Bailey where his trial for theft is in its fifth month.
The former head of Polly Peck International (PPI) is accused of siphoning off £150million from his business empire.
The company was put into administration in 1990 with debts of £550million.
Nadir, of Mayfair, central London, denies 13 specimen counts of theft amounting to £34million between 1987 and 1990.
He fled Britain for his native Northern Cyprus before he could be tried, returning voluntarily in August 2010.
The prosecution says his flight from the country for 17 years is evidence of dishonesty.
When administrators went to Northern Cyprus to recover assets, they found the money had vanished into a "black hole", it is alleged.
But Nadir told the 11 jurors that he was not guilty of theft, although he did not dispute the money was transferred out of Britain.
This, he said, was to get better exchange rates to boost the company's...