Thursday 26 August 2010

Asil Nadir

A once established business entrepreneur on the British coast line; was accused of rendering his business into collapse, due to a business transfer action, of what was in the regin of £200. million.

This subsequent fund, was exchanged when polly peck was at the height of the industry, and the transfers' made at the time, were perfectly reasonable for the Establishments of the incoming and out going sources', thus that particular amount, that was transferred a whole two years prior to the collapse of his well endowed company, on the British coastal lines', was just a mere investment and non other then that.

Two years in the business world is a extremely long time, and had the funds' been mishandled and fraud taken p-lace, the company would have been involved in liquidation at the very beginnings' of this transaction. And so the allegation is absurd.

The mere fact that after the fall of the overall recession of business fiance in the uk, the company could not uphold its original position as a leading operation and thus had no other alternative but to fold.

Thus because Asil had investments' in other countries', thus he had no alternative but to reside along with the smear campaign against his name, in another land, because of the gradual liquidation of his company.

If you think that two years' is not a long time in the business world then you are gravely mistaken.

A well established business man can loose up to ten million a day, depending on shares and freeholds' of property conditions' with the exchanement rates of stocks and shares'. Not that the media would have any experience inside the real world of businesses.

The businesses' in and around Cyprus at that time, especially property, had very flimsy insurances' and signed contracts', so it would have been an established risk campaign to invest with some of the companies there. But as a successful business man, with polly peck at the height of the industry, a few thousand of pounds' wouldn't have hurt his new establishment to the extant of liquidation on the British coast.

Rather the downturn of the economy would have put pay to any incoming earnings', and thus the company folded.

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