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Polly Peck International Founder Nadir’s Bid for Bail Is Granted

July 30 (Bloomberg) -- 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.

To contact the editor responsible for this story: Peter Chapman at pchapman10@bloomberg.net

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