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Labour demands Tories return Nadir donations

Labour demands Tories return Nadir donations
Labour has called on the Conservatives to return nearly £500,000 in donations from disgraced Polly Peck tycoon Asil Nadir.

The businessman, who spent 17 years as a fugitive after fleeing Britain in 1993, was today found guilty of stealing £28.6m from his own firm.

Labour MP Simon Danczuk said if the Tories were "serious about wanting to clean up politics" they would hand back the £440,000 Nadir donated between 1985 and 1990.

During the original 1993 investigation, then-Tory chairman Norman Fowler insisted the money would be returned should it emerge it had been stolen from shareholders.

"Even John Major's government, which was mired in sleaze, knew they'd have to give back Asil Nadir's money if he was found guilty," Mr Danczuk said.

"David Cameron must honour the unequivocal promises the Conservative party have made to repay the £440,000 they accepted from Asil Nadir in the 1990s.

"If he doesn't, it will show the Tory party aren't serious when they claim they want to clean up politics."

However in a statement the Conservative party said it has "no record" of donations from Nadir.

"Donations were received from Polly Peck companies more than 22 years ago. These were accepted in good faith from what was then considered a leading British company," a spokesman said.

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