Asil Nadir was a major Tory benefactor
Wednesday 22 August 2012
Asil Nadir was once a darling of the Tory Party and one of its biggest benefactors.
It is estimated he gave £500,000 to Margaret Thatcher's Conservative administration.
But the good fortune of both ended in the autumn of 1990.
Mrs Thatcher was ousted from Number 10 and Nadir was being chased by police, creditors and irate investors.
Even his friend Michael Mates, a minister in John Major's government, could not help.
He had to resign after it was discovered he gave Nadir a watch inscribed "Don't let the buggers get you down" just before he fled before his trial in 1993.
Now, years later, Nadir may have thought another Tory PM in Downing Street might bring him luck.
But only Mates, who continued as an MP until 2010, turned up at the Old Bailey to speak for Nadir.
The former Northern Ireland minister said he presented Nadir with the birthday present to cheer him up.
Mr Mates said he gave Nadir the watch. He added: "It had an inscription on it which was meant jocularly but was taken many other ways. It caused a lot of trouble."
Nadir had earlier told the court that Mrs Thatcher was asked to help save Polly Peck International.
But the plea, from the Turkish government at Nadir's request, only elicited an ultimatum from the Foreign Secretary for "£100 million by Monday", he said.
Geoffrey Macnab reviews American Hustle, also starring Christian Bale and Bradley Cooper
Michelle Nijhuis' daughter insists (s)he is, and she learnt a valuable lesson on gender in books
news Opponents claim it would stop performers such as Beyonce and Madonna appearing on TV
It takes a platoon of chefs, litres of brandy and rum, and almost 100kg of dried fruit
Jennifer Lawrence: 'It should be illegal to call someone fat on TV'
Iain Duncan Smith leaves Commons food banks debate early
Paul Walker death caused by speed alone
DNA from a 50,000 year old toe shows Neanderthals were highly inbred
Devyani Khobragade: India-US row escalates over arrest of diplomat in New York
- 1 America's 'virgin births'? One in 200 mothers 'became pregnant without having sex'
- 2 Sun will 'flip upside down' within weeks, says Nasa
- 3 Christmas comes early: Justin Bieber is 'retiring from music'
- 4 Iain Duncan Smith leaves Commons food banks debate early
- 5 Children evacuated from swimming pool after prosthetic leg mistaken for paedophile
- < Previous
- Next >