Asil Nadir and the Rise and Fall of Polly Peck by David Barchard

Asil Nadir and the Rise and Fall of Polly Peck by David Barchard

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Summary

The story of Asil Nadir, the Turkish-Cypriot entrepreneur who rose from being a small-time trader in London's East End to become the wealthy and free-spending head of the huge Polly Peck business empire, and then saw it all collapse as Fraud Squad investigators moved in.

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Asil Nadir and the Rise and Fall of Polly Peck by David Barchard

Asil Nadir, a Turkish-Cypriot, rose from being a small-time trader in London's East End to the glamorous role of head of the dramatically successful Polly Peck company. In the heyday of his spectacular advance, Nadir became vastly wealthy, spending millions on country mansions and art treasures, and entertaining celebrities across the world, as he carried out one coup after another. Polly Peck shares boomed as investors' money poured into the company's coffers, and Nadir seized control of blue-chip concerns like the Del Monte fruit giant in America, and Japan's prestige Sansui electronics manufacturer. Then it all started to go wrong. Doubts were expressed about the company's assets, selling began on a massive scale, Polly Peck finally collapsed as Fraud Squad investigators moved in, and a complex legal case followed. David Barchard, a financial journalist, has known Asil Nadir for many years and has lived in Turkey, where Nadir's power-base remains. Here he charts Nadir's rise and fall, aided by interviews with many of the key witnesses.
SKU Unavailable
ISBN 13 9780575052062
ISBN 10 0575052066
Title Asil Nadir and the Rise and Fall of Polly Peck
Author David Barchard
Condition Unavailable
Binding Type Paperback
Publisher Orion Publishing Co
Year published 1992-10-29
Number of pages 228
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.