Turkish Cypriot tycoon found guilty of theft | Europe

Update: 17:14, 20 August 2012 Monday

Tweetle

Turkish Cypriot tycoon found guilty of theft

(EPA)

Nadir returned to London in 2010, saying he wanted to face trial and clear his reputation.

World Bulletin / News Desk

A British jury has found Turkish Cypriot tycoon Asil Nadir guilty of theft in relation to the collapse of his Polly Peck business empire.

The spectacular implosion of the once-successful Polly Peck was 1980s boom-and-bust story which embarrassed the ruling Conservative Party, to which he was a major donor.

It also made him a fugitive from British authorities after he skipped the country in 1993.

Nadir returned to London in 2010, saying he wanted to face trial and clear his reputation.

A jury at London's Central Criminal Court on Monday found him guilty of three counts of theft and not guilty of a fourth count.

Legal Notice: Copyright, trade marks and other intellectual property rights in this website can not be reproduced without the prior permission.

Tweetle

No Comment Yet

Europe News

Rival protesters rally in Togo's capital

The rival demonstrations in Lome came after the opposition boycotted a vote Tuesday on constitutional reform which would have included a presidential term limit.

May hopes to end cabinet disquiet with Brexit speech

Six months after beginning the two-year process of withdrawing Britain from the European Union, the Conservative leader has yet to set out in detail what she wants from the divorce.

51 countries to sign UN treaty outlawing nuclear weapons

The treaty on the prohibition of nuclear weapons was adopted by 122 countries at the United Nations in July following negotiations led by Austria, Brazil, Mexico, South Africa and New Zealand.

Russia backs 'territorial integrity' of M.East states

Kremlin spokesman does not comment on Iraqi Kurdish Regional Government's upcoming independence referendum

German migrant party to boycott coming election

Alliance for Innovation and Justice (BIG) vice-chairman says he will run Berlin Marathon instead of voting

12 dead, 92 missing as floods hit eastern DR Congo

The rain started on Tuesday, causing a river to flood, local residents told AFP.

Iraqi PM meets commanders before anti-ISIL operation

Hawija and Shirqat, respectively located in Kirkuk and Saladin provinces, represent ISIL’s last redoubts in N. Iraq

Israel sending soldier engineers to Mexico quake zone

The soldiers were due to depart from Israel at around 3 pm (1200 GMT) and arrive some 18 hours later, said Israeli military spokesman Jonathan Conricus.

Britain to promise 20 billion euros in Brexit bill

May's EU adviser Olly Robbins has informed his counterparts in various European capitals of the offer, the newspaper said, citing unnamed officials briefed on the discussions.

From feta to CETA: key facts about EU-Canada deal

After seven years of negotiation, a controversial free trade deal between the European Union and Canada goes into effect on a provisional basis this Thursday.

Eye of Hurricane Maria makes landfall in Puerto Rico

The center of the storm came ashore near Yabucoa in southeastern Puerto Rico around 6:15 am (1015 GMT), the forecasters said.

UK to suspend its military ties with Myanmar

PM Theresa May announces UK will 'stop all defense engagement and training of Burmese military'

Third suspect held over London tube attack

The 25-year-old man was detained in Wales late Tuesday under the Terrorism Act

Equifax says 100,000 Canadians affected by hacking

Credit reporting firm reveals more on scope of attack as Massachusetts becomes first state to file lawsuit

UN: Colombia sees rise in number of forcibly displaced

Individual displacements hamper record keeping of displacements along Pacific coast, Venezuelan border

Ryanair cancels 2,000 flights, costing airline $30M

Budget airline says it 'messed up' pilots' annual leave

Worldbulletin News

Worldbulletin News Worldbulletin News Portal

Nadir returned to London in 2010, saying he wanted to face trial and clear his reputation.

Worldbulletin News