“My dear brothers, my dear friends,” the Turkish mafioso, grinning ear to ear, says to open his latest YouTube video, which drew five million views in less than 24 hours. “Here we are again.”
Forget beloved dizis, or soap operas, such as Magnificent Century. Say hello to Sedat Peker, Turkey's new viral video sensation. Two parts Tony Soprano, the fictional American mobster, and one part The View, the American talk show, this shady figure has emerged as a media phenomenon in recent weeks by simply sitting at a table and talking to the camera.
His videos, which have nearly doubled in length since the first 40-minute release two weeks ago, cast a subtle spell. To start with, Peker is perfect for the part. The innocent schoolboy haircut, the open-collared shirt and rotating silver necklace attachments, including Zulfikar, the sword of Ali, which may be a reference to Ottoman Janissaries.
The massive rings on his thick, stubby fingers. The deep-set eyes, suggesting a history of violence, too many late nights, or both. The contradiction of an Islamist ultra-nationalist convicted criminal who presents himself as a neo-Robin Hood.
Peker is exiled from Turkey, his whereabouts unknown, and his comfortably bland, windowless setting maintains the mystery. The bamboo poles behind him evoke his 2007-2014 imprisonment, for forgery, robbery and leading a criminal organisation. On the clear glass table lay a stack of notes and a series of neatly arranged envelopes – an apparent threat to any who might cross his path.
But the real attraction appears to be how he spills the beans on ruling Justice and Development Party (AKP) insiders and their alleged links to a shadowy underworld. As the outlook for the AKP and its parliamentary partner, the far-right Nationalist Movement Party (MHP), has sagged in the past two years, along with Turkey’s economic state, mafia figures have returned to political prominence as an underground economy has breathed new life.
Last year, convicted murderer Alaattin Cakici was released from prison as part of a Covid-19-related amnesty and was soon denouncing government critics and receiving public support from MHP leader Devlet Bahceli. In his six videos so far (the seventh appeared on Sunday, as this column went to press), Peker has lifted the curtain on a series of alleged clandestine plots involving rape, murder, drug smuggling and more.
Former finance minister Berat Albayrak is rumoured to be leading the so-called Pelican group, a secretive wing of the AKP that Sedat Peker has targeted. AP Photo
His main targets are former interior minister Mehmet Agar, current Interior Minister Suleyman Soylu, and the so-called Pelican group, a secretive wing of the AKP rumoured to be led by Berat Albayrak, President Recep Tayyip Erdogan’s son-in-law and former treasury and finance minister.
Peker had served as the AKP’s hatchetman, verbally attacking the party’s critics and rivals, until he was reportedly pushed out. In 2016, as hundreds of academics took a stand against Turkey’s military assault on Kurdish militants in the south-east, Peker vowed to “bathe in their blood”. A year ago, Peker defended Mr Soylu after the latter threatened to resign for Covid-19 failures. Now he shares photos of Mr Soylu at a mafia figure’s wedding and vows to attack the interior minister every week.
Peker saves his harshest venom for Mr Agar and his son Tolga, a member of parliament for Elazig, like his father before him. He says the two seized a Bodrum marina last year to profit from illicit trade and accuses them of killing a 21-year-old Kazakh journalist who had interviewed Tolga and then covering it up to look like a suicide. Peker describes Mr Agar as the head of Turkey’s deep state.
Sedat Peker has yet to criticise Turkish President Recep Tayyip Erdogan in his YouTube series. Reuters
This is surely a reference to a 1996 car accident that exposed the Turkish government’s embrace of ultra-nationalist crime figures as a paramilitary unit. Outside the village of Susurluk, Huseyin Kocadag, the Istanbul deputy police chief, Abdullah Catli, a known Grey Wolf and mafia hitman who was carrying six sets of identity documents, and Catli’s mistress, the beauty queen Gonca Us, were found dead alongside the car’s injured owner, Sedat Bucak, an MP for the True Path Party (DYP). The interior minister at the time was the DYP’s Mehmet Agar, who resigned five days later.
Opposition politicians assert that Peker’s revelations are even bigger than Susurluk. That remains to be seen, but what is clear is that his timing could hardly be better. Turkey was under its harshest lockdown yet when they began to trickle out, with people stuck at home and craving novel entertainment. “Brothers and sisters,” Peker likes to say, conspiratorially, “nothing is what it looks like.”
His videos distract from the lingering Covid-19 threat, increasing poverty and a problematic judicial system, as exemplified by last week’s extension of philanthropist Osman Kavala’s three-year detention. They also offer a people facing significant curbs on free expression – witness the 130,000 probes into insults against the president – the vicarious thrill of a former insider publicly taking down top officials.
This possibly explains why the mafioso has yet to criticise Mr Erdogan – likely because his 15 minutes of fame will last only as long as Turkey’s president allows it. Consider that while Mr Soylu describes Peker as “mafia scum”, Mr Erdogan's spokesman, Ibrahim Kalin, says he is a “mafia person”. According to a recent report from Freedom House, the Turkish state is able to track down and capture suspected terrorists from Kosovo to Kenya. So one imagines it might be able to get a bead on a well-known crime boss posting viral videos every few days.
In one poll after another, Mr Erdogan and the AKP have hit new lows. In the latest, Mr Erdogan was easily bested by not one but three rivals in proposed head-to-head contests for the presidential election set for June 2023. Mr Erdogan may view Peker as helping place the blame for the AKP’s political failures and Turkey’s economic troubles on Mr Albayrak, Mr Soylu and other AKP parliamentarians, who could then take the fall.
Last week, Mr Soylu asked prosecutors to investigate Peker’s allegations, a move that some observers saw as a prelude to the interior minister’s resignation. The extent to which Peker’s claims are true is impossible to know, but he has offered impressive detail and presented recordings of a pro-government journalist and others to support his allegations.
He has also confessed to his involvement in criminal activities, such as an assault on a former MP and an attack on an opposition newspaper. In addition, Turkey’s T24 news site reports that the underground economy in Istanbul has increased from $3 billion in 2015 to $10bn in 2020, which suggests a growing mafia presence in the country.
Rumour has it that Peker will release 12 videos in all, and the Turkish public is sure to gobble them up. Already on social media they have been studying each like a 21st-century Rosetta Stone, or an episode of Lost. "I've started a new #SedatPeker series," Turkish Twitter user Papatyamm said on Sunday. "Please don't give me any spoilers."
A web page on GoodReads, the leading book review and publishing information site, lists the books Peker has placed on his table for each video. The two Mario Puzo novels and a Godfather sequel are no surprise. But a non-fiction work by the late American journalist Mike Marqusee stands out.
Titled Wicked Messenger in English, the book is about the American singer-songwriter Bob Dylan's artistic evolution in response to the disturbances of the 1960s. "He can no longer tell the story straight," writes Marqusee, "because any story told straight is a false one."
David Lepeska is a Turkish and Eastern Mediterranean affairs columnist for The National
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Alishan Sharafu (captain), Shival Bawa, Jash Giyanani, Sailles Jaishankar, Nilansh Keswani, Aayan Khan, Punya Mehra, Ali Naseer, Ronak Panoly, Dhruv Parashar, Vinayak Raghavan, Soorya Sathish, Aryansh Sharma, Adithya Shetty, Kai Smith
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.
Sellers should focus on providing high-quality used goods at attractive prices to buyers.
It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
Try to advertise a realistic price to attract buyers looking for good deals, especially in the current environment where consumers are significantly more price-sensitive.
Be creative and look around your home for valuable items that you no longer need but might be useful to others.
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
Donald Trump and Kim Jong-un shake hands ahead of one-on-one discussion
US and North Korean teams sit down for bilateral summit
Kim: “I believe this is a good prelude for peace."
Trump: “We will solve it, we will be successful.”
All times UTC 4
Key changes
Commission caps
For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:
• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term).
• On the protection component, there is a cap of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).
• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated.
• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.
• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.
Disclosure
Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.
“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”
Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.
Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.
“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.
Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.
Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024. It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine. Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages]. The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.
Band Aid
Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts. With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians. Following the single’s success, the idea to stage a rock concert evolved. Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world. The combined event was broadcast to an estimated worldwide audience of 1.5 billion.
Western Region Asia Cup T20 Qualifier
Sun Feb 23 – Thu Feb 27, Al Amerat, Oman
The two finalists advance to the Asia qualifier in Malaysia in August
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
UAE currency: the story behind the money in your pockets
Southampton 2 (Ings 32' & pen 89') Tottenham Hotspur 5 (Son 45', 47', 64', & 73', Kane 82')
Man of the match Son Heung-min (Tottenham)
UAE Falcons
Carly Lewis (captain), Emily Fensome, Kelly Loy, Isabel Affley, Jessica Cronin, Jemma Eley, Jenna Guy, Kate Lewis, Megan Polley, Charlie Preston, Becki Quigley and Sophie Siffre. Deb Jones and Lucia Sdao – coach and assistant coach.
England Test squad
Joe Root (captain), Moeen Ali, James Anderson, Jonny Bairstow (wicketkeeper), Stuart Broad, Jos Buttler, Alastair Cook, Sam Curran, Keaton Jennings, Dawid Malan, Jamie Porter, Adil Rashid, Ben Stokes.
Score
New Zealand 266 for 9 in 50 overs
Pakistan 219 all out in 47.2 overs
New Zealand win by 47 runs
New Zealand lead three-match ODI series 1-0
Next match: Zayed Cricket Stadium, Abu Dhabi, Friday
“I was in complete disgust at the fact that only one person was to be charged for Bloody Sunday.
“Somebody later said to me, 'you just watch - they'll drop the charge against him'. And sure enough, the charges against Soldier F would go on to be dropped.
“It's pretty hard to think that 50 years on, the State is still covering up for what happened on Bloody Sunday.”