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February 2, 2010

Turkey’s Dogan family, owners of one of the country's biggest conglomerates, has won a small victory after a court revoked part of a huge set of tax fines against the media arm of its empire.

Turkey's Dogan family, owners of one of the country's biggest conglomerates, has won a small victory after a court revoked part of a huge set of tax fines against the media arm of its empire.
 
Tax inspectors alleged that Dogan Yayin Holding AS had falsified the sale date of a 25% stake in the group's TV unit to Axel Springer AG of Germany. The court has now cancelled a fine worth 772.5 million Turkish lire ($516 million).
 

October 20, 2008

Dogan Group, one of Turkey’s top family-owned conglomerates, is battling the country’s government and its capital markets board as accusations fly about alleged corruption.

Dogan Group, one of Turkey's top family-owned conglomerates, is battling the country's government and its capital markets board as accusations fly about alleged corruption.

Chairman and president Aydin Dogan founded the company in 1958, which today owns nearly half of Turkey's print and broadcasting media plus 10 publicly-traded companies.

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