Accessbank Employee Prosecuted for Professional Activities
The Office for Combating Corruption under the Prosecutor-General exposed facts of embezzlement on a large scale in one of the capital branches of JSC Accessbank.
According to the Prosecutor-General, the loan officer of the branch 20 Yanvar Kamal Farajov, using the office and conspiring with other persons, in the period from 2010 to 2012, by making false documents in the names of different persons, issued a credit and thus appropriated 141,867 manats.
A criminal case was filed under Article 179.3.2 (embezzlement) and 308.1 (abuse of power) of the Criminal Code. The necessary investigation is conducted, the prosecutor's office noted.
Accessbank is a 100% foreign bank owned by six international financial institutions, including the EBRD, IFC, BSTDB, KfW (each 20%), AccessHolding (16.53%), and LFS Financial Systems GmbH (3.47%). - 15D -
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