The TCs love him (see DTA's support) ... are proud of him ... he is an exemplary-one of their own! From fraud to child brides to demanding it all with free passages to places he has previously defrauded, to squeezing every last drop until the pips squeak ... he is a true TC! The lying bugger!
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Polly Peck pariah Asil Nadir seeks return to UK
By Tom Rawsthorne
2 July 2010, 9:51am
A £3m villa in northern Cyprus. But who lives there? Were this an episode of the television show Through The Keyhole, there would be no shortage of clues for Loyd Grossman, the programme's former presenter, to let his strangulated vowels loose on.
Defiant: Asil Nadir with his wife Nur, 43 years his junior, in their Cyprus exile
Behind gigantic wooden gates manned by an armed bodyguard, the CCTV cameras that track visitors suggest that whoever inhabits this luxurious pad is unusually keen on home security.
Inside, the place is awash with antiques and oil paintings. One of these depicts a lithe black panther on the prowl which (Grossman would no doubt reveal) previously hung over the property owner's desk in London, where he ran one of Britain's most successful businesses.
And, clearly, whoever lives here has got an eye not just for fine art. There are photographs of a recent wedding on the mantelpiece that capture the moment
a balding man marries a beautiful woman young enough to be his granddaughter.
But the biggest giveaway is the two parrots chattering away in the background. They have been taught to speak, and were you to ask them their names the game would surely be up: one is called Polly, the other Peck.
Welcome to the home of Asil Nadir, who has been on the run from British justice for the best part of two decades following the calamitous collapse of his Polly Peck empire.
The multinational company that dealt in everything from fruit to fashion was one of the biggest City success stories of the 1980s, delivering returns to shareholders of up to 1,000 times their original investment.
As its boss, Nadir revelled in his success. There were luxury properties in London, Leicestershire and Rutland, an island in the Aegean, a dozen racehorses and a series of romantic liaisons with a stable of beautiful, younger women.
With wealth came influence. Nadir was a major Tory party donor, a frequent guest at 10 Downing Street, and rubbed shoulders with Royals. By 1990 the man who had arrived in Britain as a 20-year-old immigrant was the boss of an international company valued at £2.2bn. His personal fortune placed him 36th on the Sunday Times Rich List.
Then it all went spectacularly wrong.
That same year a bankruptcy petition was lodged against Nadir by his own stockbrokers demanding payment for Polly Peck shares worth £3.6m. The Serious fraud Office raided his management company's offices and Polly Peck shares crashed before trading was suspended.
In a single day, £160m was wiped off the company's value, sparking its collapse.
Nadir was subsequently arrested and charged with theft and false accounting.
It is alleged that
tens of millions of pounds were transferred out of Polly Peck and into secret accounts in northern Cyprus and elsewhere. With Polly Peck liabilities of £1.3bn, creditors were eventually paid just 2.9p in the pound - while shareholders got nothing.
Nadir was charged with 66 counts of theft totalling £150m, later reduced to £34m. But in 1993, months before he was to face trial at the Old Bailey, he fled in his private jet.
He headed to Turkish-controlled northern Cyprus, where he has remained. Not only is it where he hails from, but it has no extradition treaty with Britain and has become
a popular bolthole for British fugitives.
And life on the run has hardly weighed heavily on the shoulders of this particular 69-year-old fugitive. Wealthy, respected locally and with a new love
an eyebrow-raising 43 years his junior - one might imagine that the tycoon would be content with his lot.
Instead, in
a move that has surprised many, Nadir is considering returning to Britain to face the music.
Already he has instructed lawyers and a top QC to handle his case. Specifically, he wants to reach an agreement whereby it would be guaranteed that he would not be held on remand while he attempts to clear his name.
If this involves house arrest in London, curfews and electronic tags, then, says Nadir, that is a price he is willing to pay. 'I would not mind that, as long as I could be free in my home, free to work with my legal team - if they had to tag me, so be it,' Nadir said this week, speaking for the first time about his bid to return to Britain.
'What I don't want is to come and be imprisoned, knowing that I am innocent. If justice is important for the British authorities, if a man is willing to come back, what harm would it do to say: "He wants to come back voluntarily, why shouldn't we give him an undertaking that he will be free during this process?" '
The problem is that
the last time Nadir was granted bail - set at £3.5m - he broke it and fled. Should he return, the SFO has made it clear it is not minded to allow the same thing to happen again.
Given that stumbling block, and Nadir's life of luxury, the timing of his latest legal manoeuvres is difficult to understand.
That was then: Nadir was granted £3.5m bail at Bow Street Magistrates' Court in 1993 - he broke it and fled
After all, in 2003 he embarked on a similar course of action, announcing that he was shortly to return. Then, as now, he wanted to first ensure that he would be bailed ahead of any trial. He failed to secure the guarantee he was after. So what has changed today?
'I have been comfortable all my life,' Nadir explained this week. 'All the items that you count - beautiful home, beautiful wife - yes, I am happy, but knowing the injustice that was practised on me, I want to get the authorities to rectify it.
'Time doesn't cure the pain. In order to find peace and solace within me I have to continue to search every avenue within legality to bring this matter to a conclusion in the manner that it deserves.'
But friends and acquaintances speculate that his decision to re-test the water may also be linked to the change of Government in the UK.
Nadir was a close friend of the Tory party, donating a total of £440,000 to them. His decision to abscond forced the resignation of Michael Mates, a junior minister in John Major's Government. Mr Mates had given Nadir a watch inscribed with the words: 'Don't let the buggers get you down.'
Might the return to power of a Toryled administration change things?
'I hope Mr Cameron and Mr Clegg might be interested,' he says. 'I know it's not their main aim, but if they're interested in justice they have a tremendous case here in front of them.'
Nadir believes he has done nothing wrong, and that the case against him should be struck out. His sense of hurt is amplified by the fact that he has been vilified by a nation and a system that he wholeheartedly bought into.
'Asil is an Anglophile pure and simple,' says one friend. 'He's almost a parody of an Englishman. Whenever you visit him the tea is served in china cups and he's always dressed in white slacks and a Panama hat. He basically thinks that
England is full of 'decent chaps' and that he is one of them.
'Had what happened not happened, he would have been in line for a title - to be so publicly excluded from everything he aspired to and loved has hurt him far more than anyone can understand. It is for the reason he is insisting on bail if he returns.
'He does not want to be treated like another Ronnie Biggs and clapped in handcuffs the minute his plane touches down. The shame of it would be unbearable for him.'
But didn't he have the chance to clear his name in 1993? Instead, he chose to scarper. Again, Nadir has said that he basically had no choice, that he was being set up, and that the stress he was under was so severe that he feared for his life. 'I had to leave to get healthy and prepare myself for the fight,' he has previously claimed.
Well, 17 years have passed since then and all the signs are that he is enjoying the rudest of health.
He now spends his days either at home, painting watercolours and tending the large garden, or at the offices of the family-owned Kibris media group, in nearby Nicosia.
It includes the top- circulation Turkish Cypriot daily newspaper, an English-language weekly and a TV and radio station. Nadir either drives himself to work in a BMW 325 or is driven by a bodyguard generally armed with a handgun.
He also has business interests and ambitions further afield. He is in discussions to take over a disused airport in the north of Cyprus and transform it into a food re-packaging base.
Fruit grown in north Africa would be flown in there before being exported to Europe and the UK.
And Nadir, who already has four grown-up children (two by his first wife and two by a former mistress) is in such fine fettle that he is planning on starting a new family.
This is down to the fact that he continues to have
an eye for the younger woman. In London, his harem included a number of personal assistants and secretaries in their 20s.
His new wife Nur fits the pattern perfectly. She was just 21 years old - and an employee - when the couple married five years ago.
A business student at a local university, she won an internship at his media company, and was singled out for special attention. 'When I came, they put me in a room next to him and for about two weeks they didn't give me any work,' she said in an interview with a magazine published in northern Cyprus.
'He told me stories about his father. I felt he was opening his heart to me.
But I would say to him: "
Please give me something to do.
I am here on my internship and must write reports of what I am doing." All he would say was, "Be patient".'
And she didn't have to wait long. After working for Nadir for just 25 days he asked her to marry him. The wedding was a civil ceremony, and then the new Mrs Nadir was made vice-president of the company. She now has an office next to her husband's. Not bad for a first job.
'We decide the strategy together,' she explained. 'I have also made changes to his life.'
Some changes can be seen at the couple's villa, near Kyrenia on the northern coast. Mrs Nadir is behind the panther picture ('It used to hang in his office in London,' she explains, 'but was taken from him ... I painted a copy for him from a photograph').
She is also an animal-lover and has five dogs and four parrots, two of them Polly and Peck. And she said the couple hoped for a child next year. 'Asil feels he worked all his life and that he didn't really enjoy his children growing up,' she revealed. 'Now he wants to have more kids and spend more time with them.'
Is it any wonder, therefore, that Nadir is keen to establish just how he might be treated should he return to Britain? A spell on remand in prison during a lengthy, complicated trial would hardly give the soon-to-be septuagenarian much time to bond with new offspring.
And should he be found guilty, then that relationship would have to be conducted not through a keyhole, but through a security grille in the visiting room of a British jail.
Source:
thisismoney.co.uk