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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/nadir-fails-in-bid-to-remove-tag.jpg"><img class="alignnone size-full" title="Former fugitive tycoon Asil Nadir has failed to get a judge to agree to the removal of his electronic tag" src="http://londonglossy.com/wp-content/uploads/2010/12/min-nadir-fails-in-bid-to-remove-tag.jpg" alt="Former fugitive tycoon Asil Nadir has failed to get a judge to agree to the removal of his electronic tag"/></a></p>
<p>Former fugitive tycoon Asil Nadir has failed to get a judge to remove his electronic tag.</p>
<p>Mr Nadir, 69, was arrested by police on December 4 after claims he was not at home during his midnight to 6am curfew.</p>
<p>But Mr Nadir, facing trial next year following the collapse of his Polly Peck company, was released four hours later without charge.</p>
<p>William Clegg, QC, defending, told the Old Bailey that Mr Nadir had been at home and this was accepted by the police.</p>
<p>He had been released after the tag was checked but there was no guarantee that it would not happen again.</p>
<p>Mr Clegg said Mr Nadir had found the experience distressing. He asked for the tag to be removed and replaced by a condition requiring him to report daily to police.</p>
<p>But Mr Justice Holroyde said the tag was part of a package of conditions imposed in September by another judge following careful consideration.</p>
<p>He saw no reason to alter the condition despite what had happened.</p>
<p>The judge said: &#8220;It does not seem to me to be a good enough reason to vary the conditions.&#8221;</p>
<p>Mr Nadir, of Mayfair, central London, has been served with a 13-count indictment alleging theft and false accounting of £33 million and 2.6 million dollars. The trial is due to take place in October and Mr Nadir was further conditionally bailed to appear in court on March 14.</p>
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