[Excerpt: Sadikoglu is head of Dubai-based International Marine Contractors  
which last year won a 92 million UAE dirham contract to remove 19 sunken ships 
 from Umm Qasr....Turkish television said Sadikoglu, one of Turkey's richest  
businessmen, was preparing to bid in a new $90 million U.N. tender for  
retrieving more sunken ships.]
 
_http://www.reuters.co.uk/newsArticle.jhtml;jsessionid=FSPNAEVNRVLJACRBAE0CFEY
?type=worldNews&storyID=643789_ 
(http://www.reuters.co.uk/newsArticle.jhtml;jsessionid=FSPNAEVNRVLJACRBAE0CFEY?type=worldNews&storyID=643789)
 
 
Turk shipping magnate kidnapped in Iraq
Sat Dec 25, 2004 11:55 AM  GMT

ANKARA (Reuters) - Kidnappers have abducted  a Turkish shipping magnate and 
three others in southern Iraq and demanded a $25  million (13 million pounds) 
ransom, the Turkish private NTV television channel  says.
 
It said on Saturday Kahraman Sadikoglu had been seized in the southern  Iraqi 
port of Umm Qasr alongside a boat captain and a driver, both Turks, and an  
unnamed bodyguard.
 
A video of Sadikoglu carried by Turkey's Ihlas news agency showed him being  
questioned by unseen kidnappers.
 
Sadikoglu's family had contacted the Turkish Foreign Ministry saying they  
had not heard from him in 10 days and that kidnappers had demanded a ransom of  
$25 million.
 
Sadikoglu is head of Dubai-based International Marine Contractors which  last 
year won a 92 million UAE dirham contract to remove 19 sunken ships from  Umm 
Qasr.
 
Turkish television said Sadikoglu, one of Turkey's richest businessmen, was  
preparing to bid in a new $90 million U.N. tender for retrieving more sunken  
ships.
 
The channel quoted the Foreign Ministry as saying the group had been  
abducted as they travelled from Iran to Iraq and that U.S. authorities had been 
 
alerted and British forces in the area had set up roadblocks around Umm  Qasr.
 
� Reuters 2004. All Rights Reserved.
enditem


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