26.11.2025 14:30
The French court, which upheld the TMSF's position, ruled that the decision of the Istanbul 2nd Commercial Court regarding the fugitive businessman Cem Uzan is also valid in France. Following the decision, a total of 319,040 euros was collected, and the amount was transferred to the TMSF accounts.
The number of lawsuits filed by fugitive Cem Uzan, who has a confirmed prison sentence of over 47 years, against Turkey in France has reached 20, all of which he lost.
The French court recognized the decision made by the Istanbul 2nd Commercial Court regarding Kemal Uzan, Cem Cengiz Uzan, Murat Hakan Uzan, Ayşegül Uzan, and Melahat Uzan. Although the enforcement application accepted in France on April 14, 2021, is still in the appeal stage, the precautionary seizures implemented within the framework of the decision have been converted into definitive seizures.
SEIZURE PROCEEDINGS CONFIRMED
According to a report by CNBC-E, French authorities have finalized the seizure proceedings regarding Cem Cengiz Uzan's account at La Banque Postale, which holds 227,040 euros, 100,000 euros in cash found at his home, shares belonging to Çukurova Elektrik, and shares of the France-based company Vertu AK owned by Murat Hakan Uzan.
THOUSANDS OF EUROS TRANSFERRED TO TMSF ACCOUNTS
As a result of the developments, a total of 319,040 euros was collected and transferred to the TMSF accounts within the scope of the enforcement of the Istanbul 2nd Commercial Court's decision in France.
CONVICTION DECISION HAS BEEN MADE
On the other hand, a conviction decision was made against Cem Uzan for the irregularities detected in the transactions he conducted retroactively to evade responsibility in the Imar Bank fraud.
As a result of the cases seen in the Istanbul 7th Heavy Criminal Court, Istanbul 8th Heavy Criminal Court, and Pamukova Criminal Court, Cem Uzan was found guilty of defrauding public institutions and organizations, qualified embezzlement, establishing and managing an organization for the purpose of committing a crime, preparing official documents, and depriving a person of their liberty by instigation. He was sentenced to a confirmed prison term of 47 years, 5 months, and 20 days.
TMSF IS ALSO FIGHTING LEGALLY ABROAD
The TMSF is also fighting legally abroad to recover the public damage caused by selling the Uzan family's assets. The Libananco case, which the Uzan family opened regarding Çukurova Elektrik (ÇEAŞ) and Kepez Elektrik, which amounts to 23.5 billion dollars with interest, was also concluded in favor of the Republic of Turkey.