ASIL NADIR: One from the Slog archives

Almost exactly two years ago, The Slog posted as below about Asil Nadir’s return to the UK. Funny how it takes 24 months to bang up one man who has evaded justice for 25 years, and 24 days to get 3,000 rioters in the slammer: but that consideration aside, there was far more to the return of Nadir than the MSM understood at the time.

The following piece from August 27th 2010 describes the grubby geopolitics involved.

—————————————————-

‘Despite the aura of great wealth he carries about him, Asil Nadir is on his uppers – make no mistake about it. The Turkish banking collapse of the late 1990s saw off much of his circuitously deposited loot. After that, to make ends meet his Cypriot cash-cow Kibris Media spent years studiously avoiding tax. To try and get a plea-bargain on this, the former Polly Peck magnate began to play Turkish and Cypriot politics. In revenge, this landed Kibris in March 2009 with an immediate, whopping tax bill of £5.4 million from the Government he was attacking in Kibris newspapers: pay up within 48 hours, or have all your assets sequestered.

 But Nadir backed the eventual winners of the 2009 Turkish Cypriot election. Not only did the 48-hour tax ultimatum disappear, but all the ‘usual tendering processes’ were waived in order to allow him to win a multi-million Euro contract to operate and expand the Turkish Cypriot airport at Lefkoniko.

By this time, the fugitive from British justice had clearly hitched his star to the ruling Turkish Cypriot Coalition – whose general line has been to pave the way for a settlement of the Cyprus impasse with Greece, and thus help the Erdogan Government in Ankara to gain election to the EU.

But in April this year, things went awry for Asil Nadir when the right-wing hardline candidate Dervis Eroglu won the TKNC leadership election. Eroglu’s avowed policy is to take an intransigent position towards Greece, and oppose any negotiation about the division of Cyprus. Although in an ideal world this would also be the attitude of the Islamist ruling AK Party of Turkey, its leader Prime Minister Recep Erdogan badly wants access to the markets of Europe….and recognition of the Ankara line on Islam. That line is, needless to say, heavily anti-Israel: a seat at the EU Commission for Islamist views would be worth its weight in gold to AK – and its allies IHH and Hamas.

Nadir is in fact a willing pawn in a geopolitical game. To give the correct impression of a Turkish Government unwilling to shield EU fugitives on Turkish territory – albeit unrecognised – a deal has been struck between Nadir and the Ankara regime by which he will return to face the music….but not be harshly treated. The Slog also understands that Nadir’s outstanding tax bill will be waived.

Given the current lunatic policy of David Cameron in support of Turkish EU membership, this is an outcome in which everybody wins: Cameron reaches out to Ankara, Erdogan gets his EU respectability – and Nadir gets his tax bill paid, plus his freedom back.

Everybody, that is, except

(1) those EU countries implacably opposed to Turkish membership

(2) Israel, which fears increasing isolation among European nations and

(3) Hermann van Rompuy – who is on the record as saying he will fight tooth and nail to keep any Islamic nation out of the EU.

There is an enormous amount at stake here. Asil Nadir is a corrupt businessman in the classic mould, a man to whom it is highly dangerous to give power and limelight. Recep Erdogan is a thinly-disguised Islamist desperate to win a seat at the top table for his masters’ cockeyed view of the world. And shortsighted EU leaders like Cameron see in the booming Turkish economy a partial lifeline for the Union – as well as an export market for the UK.’

So here we are, 23rd August 2012. The game has been played out, some minor functionary in the FCO is now assured his gong, and – following an appeal - if Asil Nadir isn’t out of jail on the grounds of ill-health by 2016, I’ll eat a Troll.

41 thoughts on “ASIL NADIR: One from the Slog archives

    • Ah, the Howard Marks that was shopped by the late Lord Moynahan, the fat bastard of Manila massage parlour and drug running fame.

      • @OAH.Unipac was handling more than 10 times the actual production of oranges,which a smart investment analyst discovered on his summer hols in 1987.The local accounts were not audited by Stoy Haward,but by a Cyprus firmLaundering equals false sales,with zero cost,hence incredible profit margins,and high end year cash balances It was fun while it lasted,PPi .

  1. Thank you for such an interesting insight into sleaze. Grubby indeed, however the deeper one digs…………….. I suppose.

    As for that Erdogan. He cannot help being a bitch in heat and I often feel pity for him when I see his “pipe” dreams shattered by geopolitical realities.

    Everyone plays him. (but for how long?)

    Once again, thank you to be more thorough than msm.

    Trinquet.

  2. Squeezing the Turks is a dangerous game with no ”fair play” rules whatsoever. Reactions are completely unpredictable and usually bloody.

  3. To determine when Nadir will be released from prison, convert his sentence in months into weeks. So, 120 months converts to 120 weeks, which gives him just short of two and a half years in prison, this formula works everytime. Sorry John, ill healthy or not he’ll be out in 2016

    • Don’t forget, he’s already served 2 years albeit in a £20 million London pad!
      So release by end 2013 – Ah! Freedom at last.

      • He will either have ‘cancer’ or reversible ‘Alzheimer’s’ by the end of this year and be scot free.

  4. I never thought it was possible to say anything nice about rambling sid rumpo, aka Van Rumpoy, but it just goes to show he can be perceptive after nine pints of ‘old peculiar’. I should take him for a drink more often…..

    • With apologies to Rambling Syd …

      “D’ye ken Rumpoy with his splod so bright,
      As he traddles his nadger in the bright moonlight?
      He wurdles his posset all through the night,
      But he can’t turn it off in the morning….”

      • Oi’ve just had a look in moi gander bag and I think peoples ought to know that those of a certain persuasion should tune in to BBC Radio 4 Extra on a Monday to listen to pre-Round The Horne episodes of Beyond Our Ken. Classic stuff – Bugger ! I’m showing my age.

  5. I fancy that the appeal is likely to be more interesting than the trial. Appeal courts do not have ordinary jurors, only totally independent judges who are absolutely beyond influence (or so I have been told).

    Its only taken about 12 years and £20m so far for a totally open and shut case – we may have to take out an IMF loan if ever we take a banker to court.

  6. @sacharinecrime Indeed! and he may just find a cure upon a few days of his release! The Labor party have demanded that the Tory pary hand over the ‘corrupt’ donations Nadir paid. Oh, let’s have another look at ALL party donations.. is Labour all clean and accountable yes, Good! On second thoughts let’s not ask the spin Dr’s let’s have an indepth Audit AGAIN.
    Other news: a young man was froliking naked with women also naked at a party… and some one mentioned Prince Harry did that as well, Oh who’d a thunk it. yoof of today tsk.

  7. JW:”if Asil Nadir isn’t out of jail on the grounds of ill-health by 2016, I’ll eat a Troll.”

    So what’s the chances that in four years I’ll be saying “would you like salt or pepper with your BT?”

  8. Could never imagine Turkey being part of the EU. In my experience there’s far too much Russian influence (ie. money) there to make it feasible.
    Of course you could say that about Chelsea FC also couldn’t you……?

  9. Sir,
    You are a HYPOCRITE, and a self serving publicist seeking any form of respect and accolade without the INTEGRITY that comes with the territory.
    For these reasons you have FAILED to achieve the RECOGNITION that you so desperately seek.
    Faithfully

  10. BBC Radio 4 yesterday had a rather naive reporter saying how Nadir’s gamble to come to London to clear his name had failed…..which did immediatly have me thinking there must be a hell of a lot more to it…..he’s not a stupid as all that……….Nor the sort of chap that I would expect to put his life to rights before going to meet his maker………..Thanks for this reminder JW, explains a lot.

    Also the same story had me laughing out loud when a policewomen came on and said that they now hope to recover some of the lost millions for Polly Peck shareholders……… ‘although tracking the money down in Northern Cyprus might prove a bit challenging’……..(Gold Medal for understatement ?)…..or maybe just a case of ‘Hope Springs Eternal’?

  11. Cameron is absolutely right to be enthusiastic about Turkey joining the EU, quite apart from the fact the Turks in my experience are splendid fellows, fine soldiers, skilled business men and the west’s natural ally in a difficult region (let’s not mention the armenian massacre)… their entry would totl derail progress towards euro nirvana so beloved of the brussels sproutocracy, and even the threat of it is enough to put them off their moules frites – come on gentlemen, anything that van rompuiy is against is likely to be a good thing.

    Oh and forget Erdogan’s signs of islamism, the average man in the street is too smart for that, plus the generals still have a certain influence.

    • You may not think much of the European banking system but it’s the only one we have. At the heart of the money shuffling system lies Target 2. And the only day off that Tatget 2 gets is Christmas Day. If the Turks joined even that would go. Which would lead to complications I feel sure.

  12. “I’ll eat a Troll” At risk of being off topic on this thread – I posted a comment on the lurking troll issue on the previous blog, but it got lost in the ‘ether’.
    Briefly can I return John? There were several suggestions about dropping the blog comments facility. I agree with other Sloggers that your daily Slog topics your posts are too important for this blog’s readership to be diverted by time wasting pursuit of Trolls – for you especially.
    If the problem persists drop this comments facility temporarily. It could well be that the Trolls will lose interest and waste their time elsewhere, and then Slog returns to ‘business as usual.
    There is a second alternative. Keep the comments facility going, but where the presence of Troll posts appear – highlight such suspect’s header, or use some other distinguising warning mark (flashing marker?) so that all concerned will be aware and take avoiding action.

  13. Asil waspart of Maggies manouvering in the mid 1980′s re Turkey in the EU to get the concessions from Kohl and Mitterand on UK exemptions. Turkey kept out but the UK looking good.

    Serious investigation of Polly Peck at the time showed it to be a rising scam.

    The UK played a blinder.

  14. I have been to Turkey a few times .My impression gained from talking to Joe or Mrs SixPack ,shops ,Hotels etc.They didnt want the new mosque ,they instead would have liked a new school for their children,as they are called in Arabic and many Turks dont even understand it.They dont want and will not accept extremists.They must accept Syrian refugees ,they are “brothers” and it is thier duty.They wish to remain secular.They are clever,sound minded people living in a country with great potential and resources in a strategically important area .Problems to overcome yes,but there are mutual benifits.

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