World Bulletin / News Desk
Businessman Asil Nadir was jailed for 10 years on Thursday for stealing millions from his British business empire, ending a 22-year case.
The 71-year-old Turkish Cypriot was convicted of stealing 29 million pounds ($45.83 million) from Polly Peck, an ailing textiles company which he transformed into one of the most successful British firms of the 1980s.
The company collapsed in 1990 when British officials began a fraud investigation. Nadir was arrested but after being released on bail fled the country in a private plane to live in northern Cyprus, where he was beyond the reach of British law.
Driven by a burning sense of injustice, Nadir returned to London in 2010 to clear his name after 17 years on the run.
But his hope failed when a jury at the Old Bailey court found him guilty of 10 out of 13 charges of theft.
"The company's money was not your money. You knew that. You nonetheless helped yourself to it. You committed theft on a grand scale," judge Tim Holroyde told Nadir, according to the Press Association.
"My husband is innocent," his wife said outside court, her voice cracking with emotion. "We will continue with our efforts to rectify the wrongs," his wife Nur, 28, said.
Nadir admitted taking money from Polly Peck, but said he always balanced the books by paying money into other parts of the business.
Nadir must serve half of the 10-year term before being considered for parole.
After being sentenced, Nadir turned to wife, smiled and said goodbye. ($1 = 0.6328 British pounds)
Draft resolution calls on country to abandon plans to force Rohingya Muslims to identify as 'Bengali' - term used to brand them as illegal immigrants from Bangladesh.
State Minister for Power, Energy and Mineral Resources Nasrul Hamid Bipu said the government was working to get power running.
Municipalities in Bosnia to donate $25,000 to assist 400 Palestinian families living in darkness after Israeli attacks
Members of the Albu Nimr tribe had held out for weeks under siege by ISIL fighters in Anbar Province to the west of Baghdad, but finally ran low on ammunition, fuel and food.
"Houthi militants bombed the Al-Islah Party HQ in Ibb after clashes with security guards that left four of them dead," the official said
The government is reluctant to release figures on casualties, but more than 4,000 police and soldiers were killed fighting Taliban in 2013 and this year's toll is expected to be higher.
Nusra Front captured several villages in the Jabal al-Zawiya region of Idlib province and it entered the village of Deir Sonbol, the stronghold of the Revolutionaries' Front
The United States is mounting a diplomatic offensive to stop Hungary selling a stake in a Croatian energy firm to Russia
China passed a counter-espionage law on Saturday aimed at tightening state security
Junta leader and PM Prayuth Chan-ocha is a dollar millionaire; while deputy-pm has $42 million in assets
To reach Burqa, one must pass through seven other Palestinian villages and cross under a highway – which Palestinians are barred from using – that leads to the Israeli settlements.
German Chancellor Angela Merkel says domestic intelligence is going through reforms following its failures in preventing neo-Nazi murders between 2000 and 2007
Friday's military coup in Burkina Faso is only the latest chapter in a decades-long pattern of coups
Israeli authorities reopened Al-Aqsa on Friday following a day of violent clashes with Palestinian protesters, but barred male worshippers under 50 years old
European Union's new executive body with one commissioner from each of the 28 EU member states officially takes office on Saturday.
China has not started legal proceedings against former domestic security chief Zhou Yongkang, the highest-profile figure to be caught in a government crackdown on corruption