Fugitive Asil Nadir returns to UK

Asil Nadir Mr Nadir said he had "already proved" his innocence

Fugitive tycoon Asil Nadir is to return to the UK within hours, after evading trial since 1993.

Mr Nadir, 69, left his home in northern Cyprus to face fraud charges relating to the collapse of his Polly Peck business empire in 1990.

He told the BBC he had fled Britain after battling "with immense injustice and tremendous abuse of power".

He will have to wear an electronic tag until the end of his trial and pay a bail surety of ‚£250,000.

The businessman is expected to arrive at Luton Airport later on Thursday, and is due to appear at the Old Bailey a week later. However, his trial is not expected to take place until 2012 because of the complexity of the allegations.

Speaking from Turkey before flying to the UK, Mr Nadir told BBC Radio 4's Today programme he believed the legal "environment" was right for him to return.

"I'm hoping to get a fair trial, if this matter goes to trial, obviously," he said.

"But that was not the case in the past. I spent from 1990 to 1993 – almost December of 93 – battling with immense injustice and tremendous abuse of power in Britain.

"My health had deteriorated and at that point I felt that, to save my life, I had to come to recuperate… I have been asking since then for the environment to be as it is today."

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He claimed he had already "proved my innocence to the authorities without doubt but nobody took any notice at that time".

Mr Nadir added there was "no deal" over his treatment when he returns to the UK.

"I have not done a deal. My lawyers have asked for me to be granted bail before I came to England and that was decided.

"There is only one deal and that is, I am hoping I will see for the first time some justice."

Earlier this year, Mr Nadir let it be known that he was prepared to return to the UK on condition that he was granted bail while his case was heard, rather than being held in custody.

His bail conditions include 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.

Mr Nadir was charged with fraud and 66 counts of theft when he was chief executive of Polly Peck, a business empire he built from scratch which traded in products as diverse as groceries and electronics.

It was alleged that he secretly transferred ‚£34m out of the company, leading to its collapse.

Just before he was due to stand trial in 1993, he fled to live in his native Cyprus.

Asil Nadir

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The Times' crime editor, Sean O'Neill, has been with Mr Nadir in northern Cyprus.

He said: "I must say the most surprising thing for me is, he lives a life of comparative luxury here in Cyprus¢€¦ yet he burns with a desire to return to the UK to clear his name."

Mr O'Neill said he found it striking that it was this feeling alone that was compelling Mr Nadir to leave his beach-front home and return – northern Cyprus has no extradition treaty with the UK.

In a legal twist, it emerged during a bail hearing in July this year that Mr Nadir was never, legally speaking, on the run.

In 1992 he had pleaded not guilty to the SFO's allegations but was allowed to leave the court without a judge deciding whether he should be bailed or remanded.

When Mr Nadir fled in 1993, a judge issued an arrest warrant for breach of bail.

However, the Old Bailey ruled that Mr Nadir had not breached his bail because it had never been granted in the first place.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

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