Where is asil nadir now

Asil Nadir

British-Turkish-Cypriot businessman (1941–2025)

Asil Nadir

Born

Asilkan Nadir


(1941-05-01)1 May 1941

Lefka, British Cyprus

Died10 February 2025(2025-02-10) (aged 83)

North Nicosia, Northern Cyprus

NationalityTurkish Cypriot
Alma materIstanbul University
OccupationBusinessman
Years active1980–2016
TitleCEO of Polly Peck
Term1980–90
SuccessorCompany bankrupt and broken up
Criminal charge(s)False accounting and theft (13 specimen charges)
Criminal penalty10 years (served 1 day in Turkey)
Criminal statusReleased by Republic of Turkey (after 1 day in jail)
Spouses

Ayşegül Tecimer

(m. 1962; div. 1989)​

Nur Nadir

(m. 2005)​
Children6

Asilkan Nadir[1] (1 May 1941 – 9 February 2025) was a British Turkish Cypriot businessman,[2] who was chief executive of Polly Peck, which he took over as a small textile company, growing it during the 1980s to become one of the Uni

Asil Nadir: A Visionary Turkish Cypriot Entrepreneur Passes at 83

The Turkish Cypriot community mourns the loss of Asil Nadir, a visionary entrepreneur whose indomitable spirit and business acumen transformed the economic landscape for Turkish Cypriots globally. Nadir passed away today at the age of 83, leaving behind a legacy that will inspire generations to come.

Early Life and Entrepreneurial Beginnings

Born on May 1, 1941, in Lefke, Cyprus, Nadir was immersed in the world of commerce from a young age, assisting in his family's clothing business. This early exposure ignited his entrepreneurial spirit, leading him to pursue economics at Istanbul University. Although he did not complete his degree, Nadir's practical experience and innate business sense propelled him to establish a successful clothing enterprise upon his return to Cyprus.

The Rise of Polly Peck

In the late 1970s, Nadir acquired Polly Peck, a modest British textile company. Through his visionary leadership, he diversified the company's portfolio, expanding into consumer electronics, fruit distribut

Totalcrime Substack

In May 1993 it emerged a British government minister had given the Turkish Cypriot tycoon Asil Nadir a watch bearing the inscription: "Don't let the buggers get you down".

That same month Nadir - wanted in Britain over the theft of millions from his company, Polly Peck International - fled to the Turkish Republic of Northern Cyprus (TRNC), a nation which was only recognised by Turkey*.

Nadir died on Sunday (9 February), aged 83, and in today’s Substack I will recall his colourful life and also explain why for a time the TRNC was a haven for British criminals.

Ipek Ozerim, the London-based editor of T-Vine magazine, told me: “For Turkish Cypriots, Asil Nadir will always be a hero for bringing hope and opportunity to their internationally isolated homeland of North Cyprus.”

Asil Nadir was born in Lefka, on the north coast of Cyprus in 1941, the son of a modest Turkish Cypriot businessman, and grew up in the Agios Loukas district of Famagusta.

He had several Greek Cypriot friends at school and never espoused nationalist views.

People who kne

Copyright ©bitelogy.pages.dev 2025