At Trial of International Bank Case

Baku / 11.02.19 / Turan: On February 11, at the trial of the embezzlement of funds of the International Bank of Azerbaijan (IBA) the testimony of the accused contnued.

At the beginning of the meeting, the lawyer of the main person involved, the former head of the IBA Jahangir Hajiyev, Fakhraddin Mehdiyev noted that in June 2015, the President of Azerbaijan signed a decree concerning the IBA, which instructed to resolve the issue of problem loans within the framework of civil law. In this regard, he petitioned to request information from the Ministry of Finance on the volume of problem loans.

Another lawyer, Nurlan Babayev, petitioned to request from the CBA an act on the valuation of the assets of the IBA, citing the same presidential decree, which ordered such an assessment.

However, the state prosecutor opposed the petitions, and the court dismissed them.

Further, the testimony of the accused continued. The first speaker was Natig Imanov, who is charged with assigning a loan of 12 million manat. He said he was the head of Soil Construction Company and was appointed to this position by the former MP Dunyamin Khalilov.

According to Imanov, the company was engaged in the construction of a 4-block 18-storey building. Imanov himself was engaged in relocation of residents from the construction site, and they were paid 2,000 manat per 1 square meter.

In the central branch of the IBA, he signed every time, receiving 1.5 million manat, but he did not take the money. When asked who took the money, Imanov replied: "I think Dunyamin Khalilov".

Imanov himself received a salary of 2,000 manat, although he officially signed for 200 manat.

Another accused, Arif Madatov, is charged with assignment of 3 million 226 manat. These funds were allocated to the company Abid MTK, which he headed.

The defendant said that in order to obtain a loan, he was forced to cede 75% to Dunyamin Khalilov. Another 4.8 million manat of the loan were allocated to the Alfa-Line company in 2006-2007.

Its head, Sadig Murtuzayev, also testified today as a defendant, saying that he was a formal leader and received a salary of 1,000 manat.

All three mentioned loans were not returned to IBA. All the defendants stated that they do not have the funds to return the loans to the IBA.

The session continues.

* Jahangir Hajiyev was arrested on December 5, 2015, and the Baku Court of Grave Crimes sentenced him to 15 years in prison.

Hajiyev and seven others were found guilty of abuse, fraud with causing major damage, embezzlement, abuse of office, and bribery.

At the end of December, the Prosecutor General"s Office reported that Hajiyev was being charged in a new case under articles on the appropriation of large sums of money, money laundering, tax evasion, etc.

He is charged with the conclusion of transactions for the purchase / sale of promissory notes with no real value for a total amount of 3.4 billion dollars and 987 million euros.

In addition, on the instructions of Hajiyev, according to the investigation, numerous loan agreements were concluded in order to legalize cash in manat and foreign currency in the total amount of 900 million manat. These funds were transferred from bank accounts to other accounts for the purpose of assignment.

The investigation accuses Hajiyev of misappropriation of 4.7 billion manat together with the former MP Dunyamin Khalilov and another 20 people.

In addition, according to the investigation, Hajiyev, together with Khalilov, being the actual heads of Aztorq LLC from 2011 to 2014, did not pay taxes to the state budget totaling 1,752,000 manat.

At the previous meeting, Hajiyev denied all charges. -21С-