iBet uBet web content aggregator. Adding the entire web to your favor.
iBet uBet web content aggregator. Adding the entire web to your favor.



Link to original content: http://en.wikipedia.org/wiki/Cem_Uzan
Cem Uzan - Wikipedia Jump to content

Cem Uzan

From Wikipedia, the free encyclopedia

Cem Uzan (born 26 December 1960, Istanbul) 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 included both television stations and print media. His family was one of Turkey's most influential families. His supporters claim Uzan's political rivalry resulted in the group's companies being seized by the government under Prime Minister Recep Tayyip Erdoğan,[1] eventually resulting in Uzan's flight to France to escape what he claimed was political persecution. He has been sentenced in absentia to jail terms in the UK, USA and Turkey for fraud-related offences.[2]


Uzan attempted to buy three units of Trump World Tower, but he ultimately defaulted on the contract and lost an $8 million deposit.[3]

Cem Uzan announced his intention to run for president in 2023 Turkish presidential election.

Criticism

[edit]

Uzan has often been criticized for using his professional life to bolster his political life, and even benefiting from criminal charges leveled against him.[4] In 2003, U.S. District Court Judge Jed Rakoff commented, "I think the proof is very strong that the Uzans are business imperialists of the worst kind, in that they will go to any lengths, including fraud and racketeering, to preserve their business empire..." Cem Uzan responded by asserting that the judge "is biased against Turkey, against the Turkish people."

Fraud and convictions

[edit]

In December 2002, a U.K. court sentenced Cem Uzan to 15 months imprisonment for contempt of court after he failed to appear in the U.K. to testify in a case involving a $4.3billion defrauding of Motorola corporation.[5]

In 2009, Motorola and Nokia won a $4.8 billion judgement against the Uzan family.[6] The Uzans failed to show up in court and the judge ordered an arrest warrant for them should they enter the United States.[6] In 2009, he fled to France claiming political asylum. The request was granted by the French government. He was later indicted of racketeering in Turkey.[7]

After his flight to France, Uzan was sentenced in absentia in Turkey to twenty-three years in prison on 15 April 2010.[8]

References

[edit]
  1. ^ "Turkey Seizes 219 Companies Of Uzan Family". The New York Times. 16 February 2004. ISSN 0362-4331. Retrieved 4 October 2015.
  2. ^ Turkish Media Executive Is Sentenced - New York Times, 21 December 2002
  3. ^ Abelson, Max (October 1, 2007). "Mystery Man Buys $33 M. Trump World Tower Duplex". The New York Observer. Another foreign mogul, the disgraced Turkish telecommunications giant Cem Uzan, came close years ago to owning this three-unit spread (plus Mr. D'Alleva's fourth condo.) But he defaulted on his contract, losing his $8 million deposit and the dictatorial views.
  4. ^ "GENÇ PARTi ve CEM UZAN - Libananco". Cenkuzan.tr.gg. Retrieved 2016-01-19.
  5. ^ Court awards Motorola $4B from Turkish fraud case - IT World, 7 August 2003
  6. ^ a b "Motorola, Nokia Seek $3 Billion Uzan World Bank Claim (Update1) - Bloomberg". www.bloomberg.com. Archived from the original on 5 November 2012. Retrieved 17 January 2022.
  7. ^ "Expert report caused Cem Uzan to flee, sources say". Archived from the original on March 25, 2012. Retrieved June 19, 2011.
  8. ^ "Fugitive businessman Uzan receives 23-year prison sentence". Todayszaman.com. 2010-04-16. Archived from the original on 2013-12-02. Retrieved 2016-01-19.