More than 2,400 employees of the pharmaceutical company Riyad Farm have remained without a salary for three months.
The reason is that its President, Hassan Sharifov and Executive Director Adil Guliyev are accused of embezzling $ 200 million in a loan taken from the International Bank of Azerbaijan. A few days ago they were detained by the Office of Fight against Organized Crime of the Ministry of Internal Affairs. However, the official leadership of the agency is figurehead, and in fact the company belongs to a cousin of the President, Ilgar Aliyev.
Pharmacies attached to Riyad Farm have also closed. Turan IA’s appeals to the leadership of the organization remained unanswered.
Recall, recently the Ministry of Taxes has published a list of debtors in this segment. This agency has appeared in the black list of tax officers for the first time. --17D-
Economics
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Representatives of Azerbaijan's Land Transport Agency (AYNA) and the State Customs Committee visited the Julfa and Poldasht border checkpoints to address challenges in cargo transport and enhance border efficiency with Iran.
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The Azerbaijani government has adopted new guidelines to facilitate employment for individuals with special social protection needs and those facing difficulties in securing jobs. The resolution, approved on December 29 by the Cabinet of Ministers, outlines targeted programs aimed at job creation through public-private collaboration.
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The Cabinet of Ministers of Azerbaijan has approved new regulations to facilitate targeted employment programs aimed at supporting individuals with special social protection needs and those facing employment challenges. The measures, under the State Employment Agency, seek to enhance job creation in priority economic sectors.
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The Cabinet of Ministers of Azerbaijan has announced key amendments to various regulatory acts to ensure compliance with the law adopted on May 24, 2024, aimed at updating the Tax Code, the Customs Code, and laws on state duties and licensing.
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