We use cookies on our website. By continuing to browse our site, you are agreeing to our use of cookies. Find out more about our cookies Hide

Asil Nadir ordered to pay £5 million

2 November, 2012 | News Releases

Today at the Central Criminal Court Asil Nadir was ordered to pay £5 million compensation to Polly Peck International Plc in respect of losses suffered by the company.  

The Hon Mr Justice Holroyde ordered that it be paid in two years and that a default prison sentence of 72 months is to apply for failure to comply with the order.  

No order was made in respect of costs.   N

otes for editors:

  1. Asil Nadir was convicted of ten counts of theft amounting to nearly £29 million from Polly Peck International Plc. See SFO press release of 22 August 2012 and was, on the following day, sentenced to ten years’ imprisonment.