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Last Updated: Wednesday, 3 September, 2003, 03:13 GMT 04:13 UK
Fugitive Nadir vows to return
Asil Nasir
Mr Nasir has always denied any wrongdoing
Tycoon Asil Nadir who fled to northern Cyprus 10 years ago to escape charges of theft has vowed to return to the UK to clear his name.

Mr Nadir, the former head of Polly Peck, absconded in 1993 after the collapse of his business empire.

He faced 66 charges of theft amounting to 34 million ($50m).

In a statement he said he is ready to leave Turkish-controlled Cyprus, which has no extradition agreement with the UK, and return home.

Mr Nadir's lawyer said his client would argue that the charges should be dropped because investigators from the Serious Fraud Office abused their powers, making a fair trial impossible.

How did Asil Nadir go from the rag trade to stock market darling, and then end up on the run from the fraud squad?
He reportedly hopes to make an application for abuse of process and expects it to be dealt with swiftly.

Lawyer Peter Krivinskas told the Times newspaper Mr Nadir, 58, could return to the UK within three weeks.

"He's confident his application will be successful," Mr Krivinskas told the paper.

In a statement, Mr Nadir, who holds Turkish citizenship, said the accusations against him were "baseless".

In 1998 a pilot who flew Mr Nadir out of the UK on a private jet was jailed for two years for committing an act tending and intended to pervert the course of justice.

Peter Dimond was freed by the Court of Appeal in 1999.

Mr Dimond said he had never doubted Mr Nadir's integrity and always believed he would return to the UK when he had had time to prepare his defence.

Tycoon Asil Nadir spoke to the BBC's HARDTalk
"I was running to save my life"

Asil Nadir pilot jailed
18 Aug 98 |  UK News
When cash means controversy
03 Jun 99 |  Politics


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