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Fugitive tycoon back on UK soil

Asil Nadir has returned to Britain to face fraud charges after 17 years on the run, declaring he had a "little injustice to sort out".

The fugitive tycoon said he was confident he would clear his name of the multimillion-pound allegations relating to the collapse of his Polly Peck empire that have hung over him since he fled the UK in 1993.

Nadir, 69, left his home in northern Cyprus this morning and flew via Antalya in Turkey before touching down at Luton Airport at 1.23pm.

He was whisked in a grey Jaguar with a police escort to the house in London's exclusive Mayfair district where he will have to live as part of his bail conditions.

Arriving at the property, the businessman insisted he was innocent and said he hoped to achieve justice.

Asked if he had any regrets about fleeing the UK, he said: "Absolutely not. What I regret was the behaviour that I was faced with because if I had not gone I don't think I would be alive."

Nadir, a former Conservative Party donor, refused to rule out giving more money to the new Government, telling Sky News: "We will see how life goes. We've got a little injustice to sort out."

But when asked if he had a message for his creditors, he said: "I think you need to give me a little more time before we go into all that."

Nadir was facing 66 counts of theft involving £34 million fraud allegations when he fled Britain in May 1993 for northern Cyprus, which has no extradition treaty with the UK.

He is due to be fitted with an electronic tag as part of the court-imposed conditions and will be expected to report weekly to a local police station.


From Belfast Telegraph