Turkish company "Nergis" Intends to invest 500 million dollars into the Textile Industry of Dagestan
Makhachkala, June 7, 2012. At Thursday, June 7, the Head of the Republic of Dagestan Magomedsalam Magomedov met with the Chairman of the Board of Directors of the holding "Nergis" Cavit Çağlar. Turkish side was represented by the manager general of the company "Nergis" Mustafa Çağlar, the project manager of the company Mutahhari Kotevoglu, the director general of the company “Business Solutions and Development Company Limited” Ismail Tayfun Ozdemir and others.
- Published in Turks in Russia
Asil Nadir, the Turkish Cypriot businessman who fled from Britain to Cyprus, returning two years ago, has been found guilty of three counts of theft following a six-month trial. A jury at the Old Bailey cleared Nadir, after initial confusion, of one other count but is still considering a further nine counts after being given a majority direction. The verdicts draw to a close a high-profile prosecution brought by the Serious Fraud Office which had alleged that Nadir (71) had “abused” his power as chairman and chief executive of Polly Peck, a company he had helped to build into an international business.
