Asil Nadir - Return To UK

Return To UK

On 30 July 2010 it was reported that a British judge had granted Nadir bail, which it was said would pave the way for Nadir to return to the UK to face trial.

Asil Nadir returned to the UK at Luton Airport with his wife Nur on 26 August 2010 to face trial on a private Boeing 737 aircraft leased from Onur Airlines. His bail conditions included the £250,000 bail surety already paid to the court, surrendering his passport, wearing an electronic tag, reporting to a police station once a week, and being prohibited from going near any airport. He appeared before the Old Bailey on 3 September 2010 to comply with bail conditions. Nadir stayed in a £20,000-a-month rented house. Owing to the complexity of the allegations. his trial did not begin until 23 January 2012.

According to a Press Association report on 5 December 2010, Asil Nadir was arrested on 4 December 2010 in Central London for allegedly breaking his bail conditions. He was released five hours later, claiming that the police had apologised to him. He has said that he will issue a writ against the people responsible but it is unclear whether this is the Metropolitan Police or the company that monitors his 'tag'.

On 22 August 2012 Asil Nadir was found guilty on ten counts of theft of nearly £29m from Polly Peck. The jury found him not guilty on three counts. The jury had been advised at the start of the trial that the 13 were specimen charges and the overall amount allegedly stolen was about £146m. He was sentenced to ten years imprisonment.