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Last modified: 2020-05-29 by ivan sache
Keywords: celal sadikoglu |
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![[TMO flag]](../images/t/tr~hfcel.gif)
House flag of Celal Sadikoglu - Image by Jarig Bakker, 22 November 2005
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Sadıkoğlu Group was established by a noted shipowners' family from Rize.
The group is presided by Kahraman Sadıkoğlu, who was kidnapped in Iraq by terrorists in December 2005 and released two months later following the payment of a ransom.
Kahraman Sadıkoğlu invested 50 million USD to restore the Savarona, the luxury yachts purchased in 1938 to serve as a presidential yacht but never used. The restored yacht was leased to cruise companies, as revealed by media in 2010, eventually resulting in the takenover of the ship by the Turkish government.
Kahraman's brother, Celal Sadıkoğlu, owns the Levent Yatçılık company, specialized in yacht brokerage, which was accused in 2011 to have perceived an unfair benefit during a transaction.
[Deniz Haber Agency, 13 October 2011]
Ivan Sache, 15 December 2019
The house flag of Celal Sadikoglu is a blue triangular flag with a white "K" enclosed in a broken white circle.
[Brown's Flags and Funnels of Shipping
Companies of the World (1995) [lgr95]]
Jarig Bakker, 22 November 2005
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