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| Jailed tycoon Asil Nadir transferred to Turkish prison | |
| (35 minutes later) | |
| Tycoon Asil Nadir, who was jailed in the UK for stealing millions of pounds from his Polly Peck empire, has been transferred to a prison in Turkey. | |
| Nadir was convicted in 2012 of the theft of nearly £29m from the major UK conglomerate in the late 1980s. | Nadir was convicted in 2012 of the theft of nearly £29m from the major UK conglomerate in the late 1980s. |
| He was jailed for 10 years after an Old Bailey trial, and ordered to pay £5m in compensation. | He was jailed for 10 years after an Old Bailey trial, and ordered to pay £5m in compensation. |
| The Ministry of Justice (MoJ) said he had now paid £2m in legal aid and the compensation, and could be transferred. | |
| An MoJ spokesman said: "It is right that foreign criminals are properly punished but not at the expense of British taxpayers. | An MoJ spokesman said: "It is right that foreign criminals are properly punished but not at the expense of British taxpayers. |
| "This government is committed to removing foreign criminals to their own countries. Since Asil Nadir has now repaid the £2m he owed the Legal Aid Agency, plus £5m in compensation he paid earlier, arrangements were made with the Turkish government for his removal as part of our Prisoner Transfer Agreement." | "This government is committed to removing foreign criminals to their own countries. Since Asil Nadir has now repaid the £2m he owed the Legal Aid Agency, plus £5m in compensation he paid earlier, arrangements were made with the Turkish government for his removal as part of our Prisoner Transfer Agreement." |
| After Polly Peck collapsed amid a Serious Fraud Office investigation, Nadir fled the UK in 1993 while awaiting trial and went to northern Cyprus. He returned to the UK in ill health in 2010. | After Polly Peck collapsed amid a Serious Fraud Office investigation, Nadir fled the UK in 1993 while awaiting trial and went to northern Cyprus. He returned to the UK in ill health in 2010. |
| Polly Peck International began as a small fashion company but expanded into the food, leisure and electronics industries under Nadir's ownership, growing into a business empire with more than 200 subsidiaries worldwide. | Polly Peck International began as a small fashion company but expanded into the food, leisure and electronics industries under Nadir's ownership, growing into a business empire with more than 200 subsidiaries worldwide. |