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Asil Nadir Granted Legal aid

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Asil Nadir Granted Legal aid

Asil Nadir the former Polly Peck Tycoon has been granted Legal aid to fight the multi million pound theft charges he spent 17 years running from, a decision likely to leave British taxpayers with a substantial bill. The Businessman whose trial is to begin in January is expected to make a substantial contribution to his court costs but was granted assistance after an assessment of his finances. Asil Nadir faces 13 counts of false accounting . Nadir was arrested shortly after the collapse of Polly Peck but fled Britain for Occupied Northern Cyprus in 1993 after being charged with 66 counts of theft totalling £150 million, later reduced to £34 million. He was arrested after returning to Britain in august last year.

Nadir 69 is free on conditional bail pending a hearing at the Old Bailey that is expected to last up to four months . He is scheduled to attend a pre trial hearing in November.