Friday, 24 August 2012

SFO rides again: or Nadir even lower; or Polly pecavi

Let corporate malefactors beware. The Serious Fraud Office, which has hitherto seemed incapable of pulling off any successful prosecution, or even any unchallengeable investigation, has just put Asil Nadir behind bars (or perhaps just a door) for crimes committed more than twenty years ago.

Mr Nadir is said to have stolen £29 million from 'his' company, Polly Peck. These days of course he would just have awarded it to himself as a bonus or incentive payment.