Royal Bank of Scotland Group Plc, Britain’s biggest taxpayer-owned lender, said it expects to pay a fine in the coming months to settle regulators’ probes into allegations the lender tried to manipulate Libor.
Asil Nadir, the former Polly Peck International Plc chief executive officer, was ordered to pay 5 million pounds ($8 million) to compensate victims after he was found guilty of stealing from the company.
Police searched Kevin Foster’s home in 2004, looking for signs of a criminal lifestyle -- fast cars or piles of cash. What they found, at the end of a narrow country lane in rural England, was a private zoo complete with miniature railway.
Asil Nadir, the former Polly Peck International Plc chief executive who fled Britain in 1993 following claims of fraud, was accused at a trial in London of stealing 150 million pounds ($233.4 million) from the company.
Asil Nadir , the founder of Polly Peck International Plc who fled to northern Cyprus in 1993, can return to the U.K. on bail before standing trial in London for embezzling 30 million pounds ($47 million).