Media Publicized Property Status of Deputy Prime Minister Abid Sharifov

The online resource www.meydan.tv has published journalistic investigation titled “Abid Sharifov, Ghostly Alabala and the Real EVRASCON,” in which, based on documents, they listed the property status of the Deputy Prime Minister.

The article notes that through his wife Abid Sharifov controls at least 12.15% of shares of the construction and industrial corporation EVRASCON. In terms of capitalization the company had 14.5 million manats in 2012. Citing the volume of contract work, most of which is financed from the state budget, it is assumed that the company enjoys patronage by Sharifov.

It is also noted that the son of Abid Sharifov, who is the head of one of the entities of the Penitentiary Service of the Justice Ministry, owns the medical clinic Optimed in Baku. Sharifov also owns the leisure center Sheki Park in the Sheki region. The son of the Deputy Prime Minister holds the position of head of the Absheron branch of OJSC International Bank of Azerbaijan.

Prior to 2005, all members of the Sharifov family and their close relatives were shareholders of Azernegliyyat Bank. They sold their stake in the bank to two companies (ADOR and Azenco Group), which belong to the family of President Ilham Aliyev, the article says. ----08D