High Quality Content by WIKIPEDIA articles! Polly Peck International (PPI) was a small British textile company which expanded rapidly in the 1980s and became a constituent of the FTSE 100 Index before collapsing in 1990 with debts of ?1.3bn, eventually leading to the flight of its CEO, Asil Nadir to Northern Cyprus in 1993. The Polly Peck scandal, and Chief Executive Asil Nadir's escape, along with a number of corporate scandals, spurred on reform of UK company law, leading to the early versions of the UK Corporate Governance Code. On 26 August 2010 Nadir returned to the UK to face trial for some specimen charges taken from multiple counts of false accounting and theft he had originally been charged with prior to his escape. Prosecutors allege that he stole more than ?150m from Polly Peck in total and on his return he faced trial on 13 specimen charges, totalling ?34m. Nadir was found guilty of 10 counts of theft from the company totalling ?29m and on 23 August 2012 at the Old Bailey...

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