Mon, May 21 2012

TURKISH BUSINESSMAN WITH LARGEST CASINOS IN BULGARIA REPORTEDLY LAUNDERED MONEY

Wed, Aug 08 2007 09:09 CET

1018 Views 1 Comment
Famous Turkish businessman Sudi Okzan, known as the casino king, owner of the largest casinos in Bulgaria, reportedly laundered money through Turkish private bank Toprakbank.

Turkish newspaper Sabah alleged that Okzan had secret accounts in the bank. He transferred profits from gambling to Swiss banks.
Transfer operations were done by two of Toprakbank's officers, the paper said. It referred to a report by the united bank fund that said that Toprakbank had lost 14 315 000 Turkish liras from Okzan.

The same report claimed that in 1997, Ozkan transferred $60 million from his secret bank account in Toprakbank to Swiss bank Credit Suisse Lucern.

In 1998, when the Turkish government banned gambling, Okzan left the country and reportedly moved to the Caribbean.
He is alleged to have committed tax evasion. Okzan reportedly owned the largest casinos in Turkey until 1998. Afterwards he reportedly moved part of his business to Bulgaria.

  • Print
  • Send via email
  • Translate to
  • Share:

Comments

Anonymous 1 Tue, Dec 01 2009 08:14 CET
Report Comment

please mr iwant eney jop
please calle me
0020129187627


To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

Economic crisis tips the odds against Bulgaria's gambling business

Crisis shrivels gaming industry turnover by 50 per cent, conference in Sofia told.

More in this category

Putin takes Russian presidency for historic third term

World leaders acknowledged Putin's victory with reservations, and international observers say the election was skewed in the former president's favour.

France elects first socialist president in nearly two decades

Hollande's call for more spending and economic growth has struck a chord with French voters.

Serge Sarkisian’s ruling party wins Armenian parliamentary elections – exit polls

Gallup International Association poll gives president Sarkisian’s party 44 per cent, while three main challengers alleged ‘machinations’ by ruling party in what – in contrast to 2008 – reportedly was a largely peaceful election.

Report: Only 14.5 per cent of people have access to free press

The Freedom House report says the media environment in the Middle East and North Africa underwent major improvements in 2011, but remained the worst-performing part of the world.

Don’t like the job, time to move on

Dissatisfaction with jobs is a global phenomenon and two-thirds of workers all over the world intend to look for another job in the near future, the survey concluded.

© 2000-2012, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.