Asil Nadir, Date of Birth, Place of Birth

    

Asil Nadir

Cypriot businessman

Date of Birth: 01-May-1941

Place of Birth: Lefka, Lefke District

Profession: businessperson

Zodiac Sign: Taurus


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About Asil Nadir

  • Asil Nadir (born 1 May 1941) is a Turkish Cypriot businessman, who was chief executive of Polly Peck, which he took over as a small textile company, growing it during the 1980s to become one of the United Kingdom's top 100 FTSE-listed companies, with interests in consumer electronics, fruit distribution and packaging.
  • In 1990, Polly Peck collapsed following an investigation by the Serious Fraud Office and charges were brought against Asil Nadir on 70 counts of false accounting and theft, which he denied.
  • From 1993 until 2010 Nadir lived in northern Cyprus, having fled there to escape a trial in the UK.
  • He remained a fugitive from British justice until 26 August 2010, when he returned to London to face trial.
  • His trial commenced at the Old Bailey on 3 September 2010, on 13 specimen charges of false accounting and theft totalling £34m.
  • He was found guilty of 10 counts of theft totalling £29m and on 23 August 2012 was sentenced to 10 years in prison.

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