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Asil Nadir, Cypriot Tycoon Found Guilty

Image Asil Nadir, the Turkish Cypriot businessman who fled from Britain to Cyprus, returning two years ago, has been found guilty of three counts of theft following a six-month trial. A jury at the Old Bailey cleared Nadir, after initial confusion, of one other count but is still considering a further nine counts after being given a majority direction. The verdicts draw to a close a high-profile prosecution brought by the Serious Fraud Office which had alleged that Nadir (71) had “abused” his power as chairman and chief executive of Polly Peck, a company he had helped to build into an international business.
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