Confiscated property of former head of executive power put up for auction

Baku/23.08.23/Turan: The State Property Service announced an auction on September 22 for the sale of private property confiscated in favor of the state. Among them is a part of the property confiscated in 2022 by a court decision, owned by the former head of the executive power of the Neftchala region, Ismayil Veliyev, who has been serving a prison sentence since 2020.

According to the SPS information https://emlak.gov.az/az/news/view/8183-22-sentyabr-2023-ci-il-tarixind%C9%99-saat-11:00-da-h%C9%99rraca-%C3%A7%C4%B1xar%C4%B1lacaq-x%C3%BCsusi-m%C3%BCsadir%C9%99-edilmi%C5%9F-%C9%99mlaklar%C4%B1n-siyah%C4%B1s%C4%B1 , three real estate objects located in the Gobustan region will be sold under the hammer. Total starting cost of the objects is estimated at 295.000 manats ($173.500). This is a non-residential premises with an area of 243.3 m2, an individual house with an area of 151.5 m2 and a property complex of 2,302.1 m2.

It ought to be noted that the SPS' message about the auction does not mention the fact of this property being linked to a name of the former official. The Turan agency established this by analyzing media publications about the list of confiscated real estate of former officials. 

Worthy of note is that a total of 12 real estate objects of Ismail Veliyev were confiscated in favor of the state. Among them, in addition to the above, there are 4 apartments and one non-residential premises in Baku, a mansion in Ganja, an individual house in the village of Mereze in Gobustan region, 4 real estate objects in Neftchala region, etc.

As a reminder, I. Veliyev was arrested in February 2020 by the State Security Service on corruption charges. -08B-