Baku / 11.02.19 / Turan: At the trial on the case of embezzling the funds of the International Bank of Azerbaijan on February 11 in the afternoon, a former deputy, a businessperson Dunyamin Khalilov testified.
He said that he knew the former head of the IBA Jahangir Hajiyev for more than 40 years. They are friends and business partners. According to Khalilov, he created the General Construction Company on the advice of Hajiyev.
Khalilov said that the loans received by IBA were directed to job creation programs in the country.
Since the legislation of Azerbaijan prohibited the financing of IBA for foreign firms, Khalilov, with the knowledge of Hajiyev, created a number of companies to implement projects abroad.
This was done so that the money earned abroad brought income to Azerbaijan. At the same time, Khalilov said that all loans received by him in the IBA were returned to the bank.
* Jahangir Hajiyev was arrested on December 5, 2015, and the Baku Serious Crimes Court sentenced him to 15 years in prison.
Hajiyev and seven others were found guilty of abuse, fraud with causing major damage, embezzlement and embezzlement, abuse of office, giving a bribe.
At the end of December, the Prosecutor General"s Office reported that Hajiyev was being charged in a new case under articles on misappropriation 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 deputy 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-
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