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 FORMER fugitive tycoon
  Asil Nadir told a court today that
  he fled Britain because he was a
  "broken man without hope".
 Nadir said he could not see how he
  could get a fair trial on theft
  charges in 1993.
 His offices had been raided, his
  papers seized and there was an
  allegation that an attempt had
  been made to bribe his trial judge.
 Nadir, 71, said: "I was a totally
  broken man. My health was in
  tatters, my hope of a fair trial was
  in tatters, I had zero hope of
  receiving a fair trial."
 Nadir was giving evidence at the Old
  Bailey where his trial for theft is in its fifth
  month.
 The former head of Polly Peck
  International (PPI) is accused of siphoning
  off £150million from his business empire.
 The company was put into administration
  in 1990 with debts of £550million.
 Nadir, of Mayfair, central London, denies
  13 specimen counts of theft amounting to
  £34million between 1987 and 1990.
 He fled Britain for his native Northern
  Cyprus before he could be tried, returning
  voluntarily in August 2010.
 The prosecution says his flight from the
  country for 17 years is evidence of
  dishonesty.
 When administrators went to Northern
  Cyprus to recover assets, they found the
  money had vanished into a "black hole", it
  is alleged.
 But Nadir told the 11 jurors that he was
  not guilty of theft, although he did not
  dispute the money was transferred out of
  Britain.

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Mr. Asil Nadir begins giving evidence at the Bailey

  • 1.
  • 2.  FORMER fugitive tycoon Asil Nadir told a court today that he fled Britain because he was a "broken man without hope".  Nadir said he could not see how he could get a fair trial on theft charges in 1993.  His offices had been raided, his papers seized and there was an allegation that an attempt had been made to bribe his trial judge.  Nadir, 71, said: "I was a totally broken man. My health was in tatters, my hope of a fair trial was in tatters, I had zero hope of receiving a fair trial."
  • 3.  Nadir was giving evidence at the Old Bailey where his trial for theft is in its fifth month.  The former head of Polly Peck International (PPI) is accused of siphoning off £150million from his business empire.  The company was put into administration in 1990 with debts of £550million.  Nadir, of Mayfair, central London, denies 13 specimen counts of theft amounting to £34million between 1987 and 1990.  He fled Britain for his native Northern Cyprus before he could be tried, returning voluntarily in August 2010.  The prosecution says his flight from the country for 17 years is evidence of dishonesty.  When administrators went to Northern Cyprus to recover assets, they found the money had vanished into a "black hole", it is alleged.  But Nadir told the 11 jurors that he was not guilty of theft, although he did not dispute the money was transferred out of Britain.