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Asil Nadir allowed bail in London

Asil Nadir, a British origins businessman who had been living in Turkish Cyprus since 1993 to avoid fraud charges, can be free during his trial, a British judge said .The lawyer had negotiated at the Old Bailey court for his bail bill to pass and he will be returning to Britain on 3rd September after posting 250,00 pounds ($392,000) security electronic monitoring and handed over all the document to be used to travel.

 

Asil is charged with stealing 34 million pounds ($53 million) from his company, Polly Pack which crashed in 1990. , Nadir who was Conservative Party donor, said that he is innocent and was the major share holder of Polly Pack Company. But now he will try to prove his innocence and wants to clear his side.


31.07.2010

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