Enterprise tycoon Asil Nadir, as soon as jailed for stealing tens of millions from his Polly Peck empire, was buried on Tuesday after a funeral in northern Cyprus.
Nadir, 83, died late on Sunday at a hospital within the self-declared Turkish Republic of Northern Cyprus (TRNC), which is simply recognised by Turkey.
The flamboyant Turkish Cypriot businessman was convicted in 2012 of embezzling almost 29 million kilos (then 37 million euros) from the UK conglomerate within the late Eighties.
He was sentenced to 10 years in jail and ordered to pay 5 million kilos in compensation.
In 2016, he was launched from a Turkish jail only one evening after being extradited from Britain.
Relations and Turkish Cypriot politicians, together with TRNC chief Ersin Tatar, attended his funeral in Nicosia.
Tatar praised Nadir’s “sturdy” advocacy for worldwide recognition of the breakaway state.
Nadir remodeled Polly Peck from a small textile agency into an unlimited empire spanning fruit and electronics, but it surely collapsed in 1990 with money owed of 550 million kilos.
He was arrested following its collapse however three years later fled to northern Cyprus, which has no extradition treaty with Britain.
He returned 17 years later vowing to clear his identify however was convicted in 2012 on 10 counts of theft.
Throughout his seven-month trial, Nadir was pushed to court docket in a limousine and lived in a 23,000 pounds-a-month home in London’s unique Mayfair district, however advised the compensation court docket he was penniless.
