6. Polly Peck International 20 Years’ Case
Loss: £550 million
Year: 2012
We are continuing our list of biggest recent accounting scandals in UK with the case that actually started in 1990, but the year is 2012 because that is when its founder and person responsible for its doom finally came back to the UK and was found guilty, a.k.a. proclaimed to be a thief. For the previous 20 years, he had been living abroad. BBC explains Asil Nadir practically escaped after SFO raided the Polly Peck International premises and found irregularities. The company ended up owing £550 million which were never paid to anyone.
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