Uni Credit Bank Austria has provided several companies of SOCAR Trading Group a loan of 250 million dollars. The loan aims to support the trading activities of the companies. The legal adviser for the agreement is the British company Norton Rose Fullbright.
SOCAR getting the credit has caused criticism by the opposition. The Chairman of the Popular Front Party Ali Kerimli on his Facebook page questioned the feasibility of obtaining loans by SOCAR. He recalled that last year the company received loans from Gazprombank, amounting to 489 million USD, from the International Bank of Azerbaijan, amounting to 1 billion 291 million USD and from Canada, amounting to 3.3 billion USD.
Kerimli criticizes the SOCAR external borrowing policy and fears that the state will pay for it in the end. -03D-
Politics
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The gas pipeline from Russia to Iran will pass through Azerbaijan, its route has been agreed upon. Energy Minister Sergei Tsivilev told reporters, TASS reports.
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Journalist Farid Ismayilov, who had been under police supervision in connection with the Toplum TV case, was detained on January 17 and brought to the Khatai District Court, his colleagues reported.
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Ilham Aliyev congratulated Irakli Kobakhidze on the victory of the Georgian Dream party in the elections and wished him continued success. "The victory of your party is of particular significance for the entire South Caucasus, making it a more stable region, and we rejoice in this victory as your friends and brothers. We wish your government new successes in its work," said Aliyev during a joint briefing following talks and the signing of bilateral documents.
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On January 17, the Khatai District Court of Baku rejected the requests for house arrest for journalists Aynur Elgünesh and Natig Djavadly, employees of Meydan TV, their lawyers, Elchin Sadigov and Zibeyda Sadigova reported to Turan news agency. According to the lawyers, there are no legal or procedural grounds for keeping the journalists in detention. The journalists themselves stated that the criminal case against them had been fabricated to punish them for their professional activities. The defense intends to appeal the court's refusal to transfer the journalists to house arrest.
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