Polly Peck International Founder Asil Nadir's Bid for U.K. Bail Is Granted

Asil Nadir, the founder of Polly Peck International Plc who fled to Northern Cyprus in 1993, can return to the U.K. on bail to stand trial in London, a U.K. judge ruled today.

Nadir’s bid for bail was granted and he must attend court in London on Sept. 3, judge David Bean said. Within 8 hours of returning to the U.K. he must be fitted with an electronic security tag, Bean said.

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