Uzan Group was a Turkish conglomerate owned by
Cem Uzan
Cem Uzan (born 26 December 1960, İstanbul) is a Turkish businessman and politician involved in the media and banking industries, while also chairing the social liberal Young Party (GP). His family's media empire (Uzan Group) at one time includ ...
. The group formerly owned (via the
Star Media Group)
Star TV Star TV may refer to:
* E! (Canadian TV channel) (formerly Star!), a Canadian entertainment news channel
* Las Estrellas (Spanish for The Stars), the Mexican television network
* Estrella TV (Spanish for Star TV), the American Spanish-language net ...
, which it had founded as the first private broadcaster of the country,
Metro FM
Metro FM is a national radio station in South Africa owned by the South African Broadcasting Corporation. The station broadcasts on FM Stereo as well as the DStv Bouquet Channel 801.
Telephone :
History
The station started broadcasting in O ...
,
[ and the '' Star'' newspaper it launched in 1999. Other group companies included the ]Telsim
Vodafone Telekomünikasyon Anonim Şirketi or Vodafone Turkey ( tr, Vodafone Türkiye) is a Turkish mobile telecommunications company. It was formed when Telsim, which was founded by the Uzan Group, was incorporated into Vodafone group on 28 Dec ...
mobile network and Imar Bank.[ In 2003 the Turkish government seized 219 group companies to cover $5.7 billion of debts arising from bank fraud at Imar.
Uzan Group's ÇEAŞ and Kepez companies were seized by the Turkish government in 2003. A Cypriot company controlled by the Uzan family, Libananco, sued the Turkish government for $10 billion in damages, but lost the case in front of the International Centre for Settlement of Investment Disputes trade panel.][ Hurriyet Daily News, 22 May 2013]
Turkey wins final appeal in Libananco case against Uzan family
/ref>[ ICSID, 22 September 2011]
Libananco v Turkey, ICSID case no. ARB/06/8
/ref>
References
{{reflist
Conglomerate companies of Turkey
Crime in Turkey
Mass media companies of Turkey
Defunct companies of Turkey