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Tuesday, February 21, 2006

The Daily Star - Business Articles - Fallen Turkish tycoon jailed for 29 years

"Fallen Turkish tycoon jailed for 29 years

By Agence France Presse (AFP)

Wednesday, February 22, 2006

ISTANBUL: A Turkish court sentenced Bahattin Uzan, a member of the Uzan family which was behind a failed business empire, to 23 years in prison on Tuesday for embezzlement and fraud in two separate cases, the Anatolia news agency reported. The sentences followed two years of investigation after the far-flung Uzan business network, comprising hundreds of companies from banks to a telecom, was dismantled by Turkish authorities as a result of allegations of fraud."

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