Law Enforcement and Financial Authorities Conduct Raids against Illegal Money Changers
On the background of the foreign exchange deficit in banks, emerged in the recent days, law enforcement and financial authorities began raids on traders in the "black market."
As a result of a joint operation of the General Public Prosecutor's Office, the State Security Service and the Financial Markets Control House of Azerbaijan in Baku, illegal money changers were confiscated the national and foreign currency totaling 320,000 AZN.
As stated in the joint press release of the said departments, released on August 24, a Baku resident Ilyas Akperov was engaged in illegal currency exchange at the address: 34, 28 May Street. He was seized currency of 51 countries, including 93,665 AZN, 80,359 USD, 13,680 EUR and 212,000 RUR.
The Prosecutor General's office opened a criminal case under article 192.2.2 (illegal business activities) of the Criminal Code of Azerbaijan. Akperov was detained as a suspect.
In addition, illegal currency exchange points were detected in three locations: Khatai district, 8C Sarajevo Street, Narimanov district, 95 Tabriz Street, and Sabunchu district, Bakikhanov settlement, 35 Fatullayev Street. Legal measures are taken against them. -06D--
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