Asil Nadir circus comes to town

Amidst all the glitz and glamour of the return of former Polly Peck leader Asil Nadir it is easy to forget that he is back to face accusations that he stole £34 million from the company prior to shareholders losing everything. It is unclear exactly why he has returned to the UK although he has been promised he will not spend time in prison prior to his trial, which could be anything up to 2 years away!

It is believed that the worst-case scenario prior to the trial could see Asil Nadir wearing a tag to ensure his whereabouts is known by the authorities. It will be interesting to see how this particular affair develops because there are rumours and counter rumours that a deal has already been struck with the UK government which could see him avoid a prison sentence even if found guilty.

There is no doubt that certain areas of the media are supportive of the business tycoon and other areas are keen to see him found guilty. He believes he has already put forward sufficient evidence to clear his name and indeed has accused the authorities of abusing their position. This will be one of the more interesting and volatile trials of recent times!