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Nadir vow after 'unlawful' arrest


Former Polly Peck tycoon Asil Nadir was arrested then released

Former Polly Peck tycoon Asil Nadir was arrested then released

Former Polly Peck tycoon Asil Nadir was arrested then released

Former Polly Peck tycoon Asil Nadir has vowed to issue a writ against police for wrongful arrest following his release from custody.

The 69-year-old, who is on bail and faces a multimillion-pound theft trial next year, was arrested at his home on Saturday for allegedly breaching a midnight to 6am curfew that was part of his bail terms.

But later he emerged from Charing Cross police station in London without being charged and with a police apology.

Speaking on the police station steps, Nadir said: "Unfortunately, I have been a victim of an unlawful arrest, claiming that I had broken my bail conditions. That was not the case.

"I have been released with an apology but I am hoping that this sort of unlawful behaviour, as I have claimed for many years, does not take place in this country. It's such a great shame for this country."

The former Tory party donor, supported by his 26-year-old wife Nur and barrister William Clegg QC, went on: "I was in my house with several witnesses, CCTV cameras in my house, and I have never broken this bail. But they said that I had broken it, which was not the case, but now we have been told the tagging machine and everything showed that I was in the house as I had said.

"We are taking, on Monday morning first thing, we are issuing a writ, taking proceedings against the people that have created this most unfortunate situation."

A Scotland Yard spokesman confirmed that Nadir was released and said no further action would be taken.

Nadir was originally charged with 66 offences of theft alleging a £34 million fraud following the collapse of his Polly Peck empire. He fled in 1993 to northern Cyprus before the counts - put into fewer condensed charges - could be put to him at trial. But on July 30 this year Mr Justice Bean was told he wanted to return to fight the case.

On Saturday night, a Serious Fraud Office spokesman said: "The SFO has been informed that a 69-year-old man has been arrested for a breach of his bail conditions. A custody officer is assessing the severity of the breach of bail."

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