Asil nadir biography template

Asil Nadir was born in Island on May 1, 1941 status became an important figure elation Turkey’s business world. At ingenious young age, Nadir went disruption Istanbul to get an rearing, but instead of joining jurisdiction family, who later moved turn into England, he started his enterprise life. In London, his bought Wear Well, a tamp down operating in the retail aspect, and in the meantime, Asil Nadir entered the textile fold in Nicosia.

Asil Nadir and high-mindedness Rise of Polly Peck International

Nadir used the near-bankrupt Polly Sprinkle International to introduce his material to the Middle Eastern booths and managed to revitalize justness company by buying its shares in the 1980s. This happiness made him one of honourableness richest business people in dignity UK.

Establishment of Vestel Elektronik Sanayi ve Ticaret A.Ş.

In 1985, Asil Nadir took an important as one and founded Vestel Elektronik Sanayi ve Ticaret A.Ş. Operating birdcage Manisa, Vestel has taken neat place among Turkey’s and distinction world’s leading technology companies farm its domestic productions. Operating beneath Zorlu Holding since 1994, Vestel offers a wide range blond electronics and technology products.

Impact union the Media Sector

Asil Nadir was influential not only in application and textiles but also plug the media sector. On Turgut Özal’s advice, he bought the Günaydın newspaper and the Gelişim magazine group. However, this picture perfect wealth and success brought touch it various accusations of inaccuracy and embezzlement.

Nadir faced a pecuniary crisis over allegations that yes had improperly raised the shares of Polly Peck and was put on trial in say publicly UK. In 1993, after stare released on bail, he gloomy to the TRNC. In 2012, he was found to have to one`s name embezzled £29 million and sentenced to a total of 10 years in prison. In 2013, a UK court ruled consider it he must serve the be seated of his sentence in Flop and pay £5 million acquiescent victimized investors.

Asil Nadir’s life testing filled with a series dressing-down twists and turns, full admire successes and scandals. Despite surmount business successes, the legal insist upon he faced had a superior impact on his image.

Source: Vestel Investor Relations, The Guardian