Uzan Group was a Turkish conglomerate owned by Cem Uzan. The group formerly owned (via the

Star Media Group Daily News Brands, formerly Star Media Group, is a Canadian media organization and a division of Torstar Corporation. Its flagship publication is the ''Toronto Star'' newspaper, which is owned by Toronto Star Newspapers Limited, a subsidiary ...

) Star TV, which it had founded as the first private broadcaster in the country,

Metro FM Metro FM is a national commercial 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 broad ...

, and the ''

Star A star is a luminous spheroid of plasma (physics), plasma held together by Self-gravitation, self-gravity. The List of nearest stars and brown dwarfs, nearest star to Earth is the Sun. Many other stars are visible to the naked eye at night sk ...

'' newspaper it launched in 1999. Other group companies included the

Telsim Vodafone Telekomünikasyon Anonim Şirketi or Vodafone Turkey () is a Turkish mobile telecommunications company. It was formed when Telsim, which was founded by the Uzan Group, was incorporated into Vodafone on 28 December 2005. On 24 May 200 ...

mobile network and

Imar Bank Inner Mongolia, officially the Inner Mongolia Autonomous Region, is an autonomous region of China. Its border includes two-thirds of the length of China's border with the country of Mongolia. Inner Mongolia also accounts for a small section of C ...

. 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 The International Centre for Settlement of Investment Disputes (ICSID) is an international arbitration institution established in 1966 for legal dispute resolution and conciliation between international investors and States. ICSID is part of ...

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

References

{{reflist Conglomerate companies of Turkey Crime in Turkey Mass media companies of Turkey Defunct companies of Turkey