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Britain grants bail to fugitive Nadir
Topic tags
Cyprus
FUGITIVE Turkish Cypriot tycoon Asil Nadir was granted bail by a London court yesterday providing he returns to Britain to face fraud charges relating to the collapse of his Polly Peck empire almost 20 years ago.
Nadir, 69, a Conservative Party donor, fled to northern Cyprus, which has no extradition treaty with Britain, in 1993 to avoid a 34 million pound fraud trial.
The Serious Fraud Office, which is investigating the case, said he remained charged with 66 counts of theft.
Nadir, who denies any wrongdoing, has said he would stand trial to clear his name if he was not taken into custody. Granting bail, a judge at London's Old Bailey court said he hoped the move would end the "legal limbo" in the case.
The judge quashed an arrest warrant for him and imposed 10 bail conditions, the Press Association reported. These included a requirement for Nadir to be at the Old Bailey for a preliminary hearing on September 3.
He must also deposit 250,000 pounds with the court as a security before returning, give notice of his flight, submit to electronic tagging and surrender travel documents.
His Polly Peck empire included business interests as diverse as electronics and hotels. Before its collapse the firm was one of the fastest growing on the London stock market in the 1980s.
Justice Bean said: “I think it is desirable that the legal limbo as to Mr Nadir’s bail status should be brought to an end and he should be given the opportunity to submit to the jurisdiction of this court by attending in person.”
Nadir will have to apply for a British passport before he can travel, the court heard.
Responding to the news Nadir told The Times: “It’s good news. It’s a very good first step. I’m more hopeful that we’ll have some fair play than I have been in the last 20 years.”
Asked if he would return to the country for the September 3 trial he said: “Obviously. I’ve been battling for this for all these years. It’s what I’ve been fighting for.”
Nadir escaped to his native Cyprus in 1993 as he was about to go to trial on 66 charges of false accounting and theft from his once phenomenally successful Polly Peck business empire.
In doing so, he forfeited 3.5 million pounds bail money but found refuge in the north.
A source close to Nadir told the Cyprus Mail yesterday that Nadir had made the application for bail because of his “intense desire to clear his name”.
“He wants to go to England with his passport and bail paper in his hand,” the source said, adding: “How long can someone wait for justice? Do you think an injustice goes away with the years? It doesn’t”.
According to the same source, the 69 year-old Nadir is currently in “very good health” and “has the energy to deal with this”.
“He’s got plans. He’s not stopped thinking about business. His whole life was business. He lives to work”.
Nadir, who has always maintained his innocence in the handling of Polly Peck, has since lived as a virtual recluse in his Lapithos home, running a dwindling number of business interests in the north of Cyprus and Turkey. Most notable of his remaining assets is the Kibris media group, which includes a daily newspaper, TV and radio channels. Kibris is the mostly widely read publication coming out of the north, and has a tangible influence on public opinion.
Before his arrest in 1991, Nadir’s Polly Peck, which traded in just about everything from fruit to electronics, the Lefka-born Turkish Cypriot had been named by the Sunday Times as Britain’s 36th richest man. Those who bought shares in Polly Peck during the eighties saw their value rise to up to 1,000 times their purchase value. His downfall was however even swifter than his phenomenal rise to riches.
Nadir has long expressed a wish to return to the UK “to clear his name”. He has also been quoted as saying that he intensely missed Britain. He has four sons who live there. However, our source said Nadir’s desire to return to the UK was primarily motivated by his desire to clear his name.
“Life is good here, but you cannot forgive and forget,” the source said.
At the Old Bailey yesterday, Nadir’s lawyer Alison Hill outlined to Justice Bean the reasons why the Turkish Cypriot businessman should be allowed to return to the UK for trial without being held in custody.
As things stood before yesterday, Nadir would have been arrested and jailed if he had returned to the UK. Hill is believed to have spent the past weeks in Cyprus working with Nadir on his retrial plan. A similar application by Nadir is 2001 was thrown out by the court. However, it is believed that this time the Serious Fraud Squad (SFO), the body that accused him of theft and false accounting in 1991, did not oppose the request.
Nadir has recently made something of a recovery in north Cyprus’ business community by winning a contract to run cargo handling for the north’s second airport at Lefkonico [Gecitkale]. While Lefkonico currently handles very little cargo, the former tycoon is likely eyeing the EU’s direct trade regulation, which is believed on line for ratification by the EU later this year. This would open up the breakaway Turkish Cypriot statelet to trade with the European bloc, in which case the Nadir contract could prove lucrative.
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jt from uk comments:
the truth is finally coming to the afore traitors
Serdar Denktas says the government of the regime has been turned into Turkeys puppet
Turkish Cypriot daily Star Kibris newspaper (02.08.10) reports that Serdar Denktas, leader of the Democratic Party (DP), has evaluated the economic measures taken by the National Unity Party (UBP) government and said that the members of the council of ministers do not know the state [Tr. Note: They do not know how the public sector works] and they have been turned into puppets of a civil servant appointed by Turkey.
In statements to Ada TV yesterday, Denktas noted that the DP had no problem with Turkeys Justice and Development Party (AKP) until 2006 and that their relations were good. He said the DP is not responsible if these relations are spoiled today. Noting that in an effort to secure votes some circles try to convince people that the Turkish government does not want the DP, Denktas called on the AKP to clarify whether it has any problems with the DP.
Referring to the economic measures taken by the government, Denktas said the reason for which the government has brought to the assembly a draft-law regarding the salaries in the banks was the fact that the Turkish Prime Minister had compared recently the salary of prime minister Kucuk with the salary of a bank director.
Unfortunately there are no friends in the council of ministers who know the state. I considered as advantage the fact that they come from the private sector and I am hopeful, but they have turned into puppets of a civil servant who is appointed here by Turkey, because they do not know the state and they do not try to learn it, noted Denktas.
Jimmy McNulty comments:
is it me or does he look a little bit like JR Ewing without the cowboy hat.
trixi from girne comments:
JT
please read this weeks Newsweek, with the headlines turkey rises,
How strange Israel has accepted a Un investigation into the aid boat mavi marmara !
If you don't call that political clout I don't know what to call it!
P.s. hope Christoph reads it too.
trixi from girne comments:
it was piglet you fool i think its a very sweet term, domuz yavrusu mean piglet.
you mean we gonna have two states soon ,yippie its the best thing you have ever said.
jt from uk comments:
hagis jockstrap and his friends all prisoners within the occupied areas.......trixster using swear words like pig only gets your script removed, i speak good turkish and fully understand the way you think. the future is bright as nadir wants to go to the uk because he knows that the cyprus problem is almost solved. he will serve time next to ronnie biggs cell, in broadmoor
D.B. from Limassol comments:
Think laterally people !
IF Nadir eventually DOES stand trial in England and gets committed, he probably won't spend a single day in jail.
Why ? The U.K., government seem to be recognising the TRNC, so as most of you believe that the TRNC is a prison, he would have spent his jail-term already, and be set free to carry on his mismeanders.
TIP: This was passed to us many years ago by the manager of the Deutsche Bank in Hamburg:
Quote: " If you don't have D-Mark 400,000,- to lose, don't "play" the stockmarket !". End of quote.
Perhaps the people who lost their money in Polly Peck should have thought of that before buying shares ?
NOTE: I have NO comments or opinions on the Cyprus Problem so don't start firing arrows at me on that problem! I am NEUTRAL !
James JH lockhart comments:
JT More rants from you Are you a product of GC Education ???
donald crawford comments:
Sorry to interrupt the slanging match which passes for comment on this site, but to return to the subject in hand the fact that Asil Nadir will at last come to trial is something which should be celebrated, and congratulations to The Times in London for its campaign to bring that about. The Serious Flawed Office has much to answer for in its previous attempts to block any trial by opposing bail — knowing that the threat for Nadir of spending perhaps years in prison on remand would be enough to keep him out of Britain, and thus save the SFO from embarrassing examination of its role in bringing their charges against him in the first place, while dragging out proceedings for three years, claiming never to be ready for a trial. The three others involved who subsequently did come to court were all acquitted. The betting money is that he will also be acquitted...but don’t be surprised if before any trial the SFO drop the charges on the grounds that too much time has elapsed to give them any realistic chance of a conviction. A lot of people whose fingerprints are all over the case would like that, so let’s hope it does end in a full hearing — and British justice, shamefully treated in this matter, has its reputation restored. As for the politics of it all, what is likely to emerge if it does get to court could be more than interesting...
Alibaba from EU comments:
Is this the nadir of Mr Nadir or Mr Cameron's promise to support Turkey's application to join the EU been put into action?
Phil comments:
MichaelA you comment on Turkish civilisation!! Where is the Hellenistic civilisation?? Answer Relying on hand outs from Europe and the rest of the world.
Phil from uk comments:
John Alexander from London you are a buffoon. It appears you know nothing of the history of Cyprus. To educate yourself I suggest you read the fweb pages below.
http://web.deu.edu.tr/kibris/history/6474.html
Aaronn from London comments:
For God sake weather your a Greek cypriot or a Turkish cypriot, you are cypriots, you were all the same before the Ottomans invaded Cyprus. As for Asil Nadir, he knows that soon Cyprus will be united and when that happens he knows very well he would be extradited to the UK.
James JH lockhart comments:
Michael A
Have I upset you Oh dear !!!
Night, Night, Mind no Rants upsetting your neighbours be a good boy
James JH lockhart comments:
Trixi,
We could Even have him on TV dressed up for his conquest !!!
James JH lockhart comments:
Michael A you be just perfect For the CTO With a nice Black tee Shirt greeting visitors,
Why not go and Visit the Saudis just now Visiting the ROC tell them your Opinions on Muslims !!!
Then you can Do a famous Attack on the Green line, I am Sure you will not be hurt the Turkish Soldiers Would be laughing to much to Aim !!!!
MichaelA comments:
Loirot.. I don't think they call us Donkeys. I know Greeks affectionately refer to you as Turkish Dogs. I think that is a tad hard on dogs. I don't know of of a breed of dogs (may be from Mongolia ?) that threw thousands upon thousand of men,women and children in caves, doused then in petrol and set them alight. Do you?
James JH lockhart comments:
loriot,
I actually read Somewhere Spartans Did have a Settlement in Cyprus so it might be right,
Probablay they got ripped off by the Lawyers/Developers Complained to the police Who ignored it, And then Said to hell with this lets go and fight the Persians !!!
Val. comments:
Loriot, the pure race theory belongs in the same dustbin of history as the nazis. Cypriots are proud of their genetic make up and they are proud of who they are todayCypriots are amixed bunch, so what? Should we be marrying our first cousins?A persons racial make up should not be thought of in terms of "bastardised genes".The very fact that you are speaking in such terms is a strong indication that you have the psychological disposition of a nazi and though you haven't so far said so, you are probably thinking in terms of the "final solution" for the genetically bastartised Greek Cypriots. Perhaps you will disquse you death camps as luxury hotels ie The Auschwitz Girni Gardens with special deals for genetically inferior Greek Cypriots.Loriot , you have really revealed your self and it must prove to be even unpleasent to Turkish readers let anyone else.
Bambouin from Planet L comments:
Val - are you the same Val who posted an exchange with MooseKaka (nice name)? What happened, overnight you changed from poetic goddess of love to terse goddess of war?
Max from Paphos comments:
The Polly Peck story was on a much bigger scale.
In 1990 the Arab Bank guaranteed for 300 mio DEM Polly Peck shares
which were offered from large German Banks like Dresdner Bank as
AAA shares to investors in Germany. It was very clever arranged saying
that Polly Peck is having business with brands like Del Monte (fruits)
or electronic companies everybody knew in Germany as been very good
businesses. I was one of the "fools" and bought Poly Peck shares with
coupons for quarterly interest of 6%/anno which was just as other
AAA shares on the German market. Unfortunately I could cash only 1 or
2 times my interest when the German bank stopped dealing with it.
I had to go to the highest court to claim my shares of DEM 300 000.-
back from the German Bank which sold them to me as AAA and not as junk.
I was offered from the judge to come to an agreement of 5% of the capital,
or to fight it. After 2 years in court a gave up as also the guarantor
the Arab Bank refused to pay.
When I found out, that behind this Poly Peck Company is a Cypriot
it was clear to me that it was a big mistake to buy this shares as it
does not matter Greek or Turkish,CY, when large monies are involved
they all try to get it from you. How Nadir could fool all the banks
with their experts of consultants, I don't know, certainly he had very
good contacts to the right people in the right position....
Val. comments:
Emir are you suggesting that there is something wrong with Arabs? I suppose you think that an antolian gypsy like yourself is a member of the master race.As for the relationship between Greeks and Greek Cypriots, it is brotherly and cordial which is far better then Turkish/Kurdish relationships which have now begun to take the form of inter communal violence. Very soon the great Turkish motherland will suffer the same fate as Yugoslavia, that other artificially created state.Drink your stolen champagne while you can and by the way we don't have a problem with our Arab connection,in fact we are proud of it.The Saudi Prince currently holidaying in Cyprus knows this and he will certainly leave a hell of alot of baqshish before he leaves.Not much going on with the illegal economy I understand. Perhaps you ought to save your stolen champagne until you can really celebrate some real, legal achievement.
Mike from USA comments:
Val you seem either very naive or incredibly stupid. UK, US, France, Australia, Canada, New Zealand, Israel, China, Russia,Denmark, Spain,India, and the list goes on are all made of territory stolen from others! Are these countries not civilised.
Wake up to the REAL WORLD!
Loriot from Lapta comments:
"Descendants of Spartans" - my ass! Modern Greek has been so bastardized with genes from east to west, north to south, that there is not an iota left from that period.
Since you obviously plan to re-distribute the world's spaces according to the status of 3000 years ago you reveal yourself to be a hopeless wacko. Don't tell this anyone loud, they may lock you up!
Val. comments:
Loriot,a common feeling that all thieves share when they think that they have got away with their stolen loot is the feeling of happiness and contentment.So you are saying that you are a contented and happy thief.Sorry darling,but the world does not want to rub shoulders with thieves. Is that ok with you ? Because that is what you are,a thief!
John Alexander from London comments:
Loriot: all your gloating reveals you are a deeply inadequate person. This may be the result of your own personal circumstances or a community complex. Either way, trust me, you're showing yourself to be a very ugly human being.
And you must be deaf as well as dumb if you haven't heard the descendants of those Spartans demanding to return to the land and homes of their ancestors. These towns and villages mean nothing to you – they're just loot and booty – but to us they are everything, which is why, in the end, we will win.
Emir Soler from TRNC comments:
What is Spartans got to do with Greek Cypriots?
Greek Cypriots are more Arab than Greek.
That’s why Greeks from mainland Greece hate Greek Cypriots; they call Greek Cypriots Cyprus donkeys.
'
Heart attacks and suicides will in increase soon, on the mean time I got the Champagne on ice for 2010
Loriot from Lapta comments:
John: you and Val are soul sisters. You just can't face the real world. Hate and resentment is oozing out of each and every of your comments.
I am quite happy and content, thank you very much!
By the way, I haven't heard a request from the Spartans to resettle in Güzelyurt.
Loriot from Val comments:
Val, please take some Valium and relax! I know it's hard to accept the reality, but South Cyprus has no sea border to the North. However, you are welcome to swim east, south and west. Watch the jellyfish!
John Alexander from London comments:
Loriot: Nadir bought Polly Peck for £270,000 in 1980. I could not have bought it. You're doing a very poor job of trying to justify theft. 'After we threw the Greek Cypriots off their land and stole their property, well we couldn't let it go to waste, could we?' What kind of mentality is this? You are full of hate and resentment. I pity you. You must have suffered terrible trauma in your life.
And Morphou was founded by the Spartans 3000 years ago and will always be Morphou. It will never be Gesundheit or whatever other obnoxious thing you want to call it.
Val. comments:
Loriot, you and your fascist, racist friends keep repeating the phrase..."forget Morphou" or "forget Famagusta" or "forget Kyrenia" etc. May I inform you that this is wishful thinking. Cypriots have particularly long memories with the tenacity to achieve long term goals.Loriot, nothing is forgotten,not Morpho,nor Kyrenia,neither Famagusta or Karpassia. These places belong to the Cypriot people.They do not belong to the anatolian gypsies that have been dumped on Cyprus by the war criminals in Ankara.The borders of the ROC are the seas that surround it.The whole world recoqnizes this fact. The Turkish military occupation is illegal. The "trnc" is illegal,and changing the name of a place and calling it yours after you have taken it from the legal owners doesn't make it yours;it makes it theft and that makes those who have illegally stolen these places into thieves.The Turks are thieves and that is why the illegal "trnc" is a pariah state that nobody recoqnizes because civilization can only built according to civilized laws. Stealing other peoples property is not included in civilised law.
Emir Soler from TRNC comments:
John Alexander@
You are a racist facist biggot, I am suprise you show your face here at CM, after what you said about Turkish people.
This what he said,
'
My concrete proposal is that I would like to hire a large boat, put all the TCs on board, take it out to sea and sink it. I would then declare union of our beautiful island Cyprus with our glorious motherland Hellas, home of Pericles and Leonidas, of Kolokotronis and Makriyiannis. I then propose that the glorious Hellenic armed forces invade Turkey, force the Mongol bastards from Asia Minor before we march to Constantinople and reclaim the City for Hellenism – killing in the most ruthless fashion possible any Turks we encounter on the way.
Loriot from Lapta comments:
Buying Polly Peck in 1980? Shows again your ignorance. This was a penny stock at that time. Even you could have bought it.
The value was blown up by Nadir's financial engineering that cost the future innocent stockholders their capital.
Loriot from Lapta comments:
Christoph, you have nothing to contribute on this. Fix the fuses!
John Alexander: exploiting Greek land? I thought your are defending Greek Cypriots?
What a silly suggestion to expect land in North Cyprus to be overgrown with weeds after 1974. Forget Morphou, this is Güzelyurt now.
Nadir was highly visible but never economically dominant. Maybe you can quote some figures to back up this claim.
Do you really believe that a local newspaper and a TV station, created much later in a small state promises riches? Ask the owners of this paper!
He prospered on what he stashed away at Polly Peck.
Talking about lawlessness! Don't you read what's going on in the RoC? It's the last place to point fingers on anyone.
John Alexander from London comments:
He was a nobody in 1974 but by 1980 he was able to buy Polly Peck. How? And even if it wasn't through Sunzest and Cypruvex – which exploited abandoned Greek land, particularly in Morphou – the point remains: You admit he was a fraudster, yet you think, given his dominant role in the economy of the occupied areas, this tells us nothing about the nature of the occupation regime? How did this gangster become your sugar daddy, and he still has significant interests in the 'TRNC' – marina in Yialousa, newspapers, TV stations, etc. Why is this crook still so heavily involved in your 'economy'? I'll answer for you: because the whole set up in the 'TRNC' is based on fraud and lawlessness.
hassan kemal from UK/Kyrenia comments:
Hello John Alexander,
This is change of heart from Loriot. I thought AN was his hero as well as his neighbour.
Full moon in Cyprus?
Loriot from Lapta comments:
Totally wrong, John Alexander! Contrary to you, I was there when this all happened. You got the sequence wrong. Without milking Polly Peck and using the funds in North Cyprus he could not have built his business. In 1974 he was a nobody in North Cyprus.
Factories? This was all Potemkin style. Some sheds for citrus packaging and production of card board boxes. Fields? What income from fields? Hotels? Two half finished buildings, standing idle since 1974 that were re-built and furnished with Polly Peck funds and turned into hotels, one of them never opened under his control.
All this was shown in Polly Peck balance sheets at astronomical values and when everything went down the drain he forget to pay the local subcontractors. That's when he started to need body guards.
He was a plain fraudster of a kind you will also find in South Cyprus, Greece, Turkey, UK and anywhere else in the world.
To turn this into a political issue is simply wrong but will, of course, satisfy your need to go after everything Turkish!
John Alexander from London comments:
No, Loriot. His criminal actions were carried out the moment Denktash and the occupation regime started handing over to him for exploitation the wealth GCs were forced to abandon and he became the dominant force in the 'economy' in the occupied areas. Without the factories, fields and hotels Nadir stole from GCs, there would have been no Polly Peck. Everything about the occupation is based on lawlessness and fraud, so who was really surprised when it turned out that Nadir stole not just from GCs but from British 'investors' too? Nadir is a product of the invasion and occupation.
DAVE THE IMPALER comments:
Personally I've always admired the guy. From a long line of Cypriot entrepreneurs
Loriot from Lapta comments:
John Alexander, can you for once stay with the truth:
"The 'career' of Asil Nadir tells us all we need to know about the purpose of Turkey's invasion"
His criminal actions were carried out in the UK, long after 1974.
Once you have no more silly accusations up your sleeve, you make up some!
Poor show!
Alan Osman from London comments:
John Alexander,
It is your Church, Schools, and parents that have brainwashed you. I lived the events of 63 and was minutes from being killed by the murderous Greeks.
You're all living in denial. And if you think the rest of the modern world believe your version of events in Cyprus then you're a bigger fool than MichaelA.
John Alexander from London comments:
How tedious the comments of brainwashed Turkish Cypriots are, droning on about 1963, claiming they were attacked by the Greek Cypriots, when the historical evidence suggests the opposite; and trying to justify the barbaric consequences of the Turkish invasion by making the paranoid and narcissistic assertion that had it not happened you were all about to be wiped out – who would have wiped you out? Sampson, who was only in power for eight days? No one believes your version of events, which is why the pseudo-state is an international pariah and you can't even play football with Luton Town. Stop deluding yourselves. The 'career' of Asil Nadir tells us all we need to know about the purpose of Turkey's invasion – it was a land grab, the fulfilment of a long-established plan to ethnically cleanse GCs from northern Cyprus and partition the island.
moufflon comments:
Asil Nadir signed contracts last month to run an air freight company out of Erkan Airport.Buying cargo planes for his business.
Alan Osman from London comments:
MichaelA,
You sound like a total idiot. With people like you about there will never be a solution in Cyprus. Mr Nadir is coming back to the UK to stand trial, the court will try him and then give its verdict of guilty or not.
You however, have already tried and convicted him, you've branded the regime as murderous. If you just go back to 1963 you will clearly see who were the murderous regime. If Turkey hadn't intervened there would not be a single TC left alive. Shame on you MichaelA.
Loriot from Lapta comments:
Michaela, go shopping!
Al from Planet Earth comments:
No surprise he wants to come back to UK. His Tory friends are back in power and they will do all they can to ensure wins this case, whether he is innocent or not!
reality from nicosia comments:
don't you all see whats happening. Nadir is coming back to the UK why he has the choice. this way he will get bail whilst the lawyers drag the case out for years.if he didn't come back of his own accord he would not get bail spending the time behind bars. so therefore my friends don't you think something may be happening in northern Cyprus/southern turkey to make him do this???? think about it. loads of cash, babe of a wife, nice life style and contrary to popular belief he travels all over Europe especially turkey...........
DAVE THE IMPALER comments:
Anybody ever seen Asil Nadirs wife "WOW" shes a babe.
http://www.dailymail.co.uk/news/article-1291383/Why-fugitive-Asil-Nadir-...
Loriot from Lapta comments:
"'investors', it should be added, who deserved their losses."
You are either too young to know, John Alexander, or too ignorant of the facts.
The great majority of those who lost out were British pensioners who had bought Polly Peck shares that were turned worthless overnight, due to Asil Nadir's Ponzi scheme.
Furthermore, whatever one can say against him, the allegation of receiving property after the Turkish operation in 1974 is utter rubbish. He acquired his businesses in the TRNC with stolen Poly Peck money years after this event. One close associate has already been convicted years ago.
And, SKIPPER, the original bail money that came from a business friend of Asil has been returned to that man long time ago when it was established that there was no bail order before Nadir fled the country.
To turn himself in now is a clever move of an old man. The case will open in 2012 and with all the tricks of the legal trade will take a couple of years at least. After conviction this will go to the appeal court with another few years of proceedings.
Meanwhile, Asil will enjoy the high life of London and when it is all said and done he may not be around anymore.
lennie from london comments:
i warned these greek cypriots in the early part of the year the moment the tory party won control of great britain the will regonise northern cyprus asil nadir was a paid up member of the tory party and will get off of all charges the tory party hate the eu and the certainly do not like greek cypriots or greece they favour turkey thats why cameron went to turkey and not greece by the early part of next year great britain will have direct flights and direct trade with trnc and the rest of the eu and the world can go and stuff there self take it from me i am also a tory member .
Emir Soler comments:
John Alexander@
Why would you want Asil nadir in Greek Cyprus? Has he been charged with anything?
You got enough crooks in the Greek Cyprus. It will take courts life time sort out Greek Lawyers, Russian and Serbian mafia.
John Alexander from London comments:
The story goes that after the Turkish invasion and during the period when the Turkish side were engaged in an orgy of looting of Greek Cypriot homes and property, Nadir was driven around by the Turkish army given first choice of factories and fields. HIs Polly Peck 'empire' was built on theft, so it was no surprise that the man should end up in court accused of cheating British 'investors' – 'investors', it should be added, who deserved their losses because, like the Orams', they knew perfectly well the basis of Nadir' businesses. All in all, Nadir is a symbol of the occupation, a high representative of the theft and usurpation of our property and if we had a serious government, they would ask for Nadir's extradition to Cyprus to stand trial once the British have finished with him.
Skipper comments:
Asil Nadir's father was well known a businessman, his family was well off before he even stepped foot in the UK so he always had a lavish lifestyle.
In 1997 the famous journalist Robert Cook, did a expose on the whole fiasco. Not withstanding that UK officals came to northern cyprus to arrange his kidnapping, during his initial trial after getting the majority of the charges thrown out in the middle of the trial his judge was changed for no reason, something that had never happened before in hundreds of years of british legal history so no wonder he jetted off.
Amazingly, it turns out that he even was n't on bail due to incorrect legal procedures followed at the time, which considering all the other legal irregularities surrounding the case is no surprise. I wonder now if the original "bail" money will be returned.
John from Larnaca comments:
@ Michael Wilson:
Why did he break bail and escape to n.Cyprus?
Probably because he is a Turkish Cypriot from n.Cyprus. Simples!
At least he wasn't a spy released on bail!!!
Michael Wilson from London. comments:
If Mr Nadir had nothing to hide why did he break bail and escape to the crooks haven of n.Cyprus? If Mr. Nadir was a bankrupt with the demise of his company, where did the money come from that he invested in enterprises in the illegal "TRNC" ?
It seems that Mr.Nadir has enjoyed life with his stolen loot without a thought about the people whose lives were blighted when they lost all their investments in his company. It is also quite suspicious that he is now granted bail to return to the UK. He was a Conservative Party doner and now that this party is in power, he has decided to come back to the UK.It should also be mentioned that not only did Mr Nadir flee from justice in the UK on charges of theft, he then went to the north Cyprus that is illegally occupied by the Turkish army where he continued his career in crime by taking over and exploiting Greek Cypriot properties which as far as I know he is still exploiting.
I suppose just like Ronald Biggs, of the Great Train Robbery,Mr Nadir is now a tired old man for whom an illegal bolt hole has no more attraction and who wants to be with his family in the UK .Let him stand trial;better late then never but in my opinion, despite the gloss in which THE TIMES news paper recently prensented Mr Nadir, photographed with his very attractive wife who appeared young enough to be his grandaughter it is obvious to me that he is nothing more then a thief.