On Monday, the Serious Crimes Court continued the trial in the case of the former head of the World Bank Jangir Hajiyev, anda group of his former employees. Today gave testimonies the accused Azad Javadov, who was the director of the plant for processing nuts, controlled by Hajiyev. The bank issued a loan for five million AZN for this company, but money were not returned, and the company was transferred under the control of the IBA. Then Javadov took a loan of 17 million manat. According to him, he was forced to take the money to pay off the tax debt. Another loan of 816,000 manat Javadov took for his mother, but did not explain why.
Another loan of 60 million AZN was taken in the International Bank for the expansion of the plant for processing nuts. Javadov denied investigators charge that from this loan were stolen six million AZN. Jahangir Hajiyev said that Javadov was his classmate, and he "trusted" him to conduct such operations.
Further security officials of the «Inter Security Ltd» gave testimonies, in the names of which were registered large loans of up to one million manat. According to them, the loans in their name have been taken on behalf of the IBA management, but they have not seen the money.
The trial continues. The former head of the International Bank is charged with large embezzlement and fraud. He was arrested in December 2015. -02D-
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On Sunday, December 22, changeable cloudy weather is expected in Baku and the Absheron Peninsula. Drizzle is possible during the night and morning in some areas of the peninsula. Moderate southwest winds will prevail. The air temperature will be 5-8°C at night and 9-11°C during the day, according to the National Hydrometeorological Service of the Ministry of Ecology.
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Baku, often called the "Caucasian Dubai," is increasingly known for systematic violations of residents' housing rights. During urban renovations and the construction of elegant new buildings, thousands of families in Azerbaijan’s capital have been unlawfully deprived of their homes. Many, recognizing the futility of resistance, settle for inadequate monetary compensation for their irreplaceable property. A minority, placing faith in the Housing Code, demand fair compensation from construction companies but often lose everything—both their homes and any form of recompense.
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Azerbaijani team prepares to compete in three prestigious international Olympiads The preparation of young programmers representing Azerbaijan in international Olympiads continues successfully. In collaboration with Azercell, the Ministry of Science and Education, and the Institute of Education, the latest “Informatics Camp” was held at the Baku Higher Oil School.
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Last night, three earthquakes occurred along the Armenia-Azerbaijan border with magnitudes of 4.8, 3.0, and 3.8, according to the Republican Center for Seismological Service of the National Academy of Sciences of Azerbaijan. The Ministry of Emergency Situations reported no information about any destruction or casualties as a result of the earthquakes.
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