Cahangir Hacıyev
Ex-head of IBA Reiterates His Innocence
Baku / 26.11.19 / Turan: The Baku Court of Appeal continues consideration of the appeals by the ex-head of the International Bank of Azerbaijan (IBA) Jahangir Hajiyev, ex-deputy Dunyamin Khalilov and 19 more accused.
During a meeting on Monday, Jahangir Hajiyev again rejected all charges, noting that after 4.5 years the investigation had not provided any evidence, and the 365-volume case consists of common words.
He recalled that in 2014, under his leadership, the IBA received a net profit of 40 million manats, and after the resignation, in 2015 and 2016 the bank completed the years with losses of 800 million and 1.9 billion manats, respectively.
Hajiyev denied allegations of "money laundering." "If the bank itself is a source of money, then how can the money be "dirty"? These funds were transferred to foreign banks to implement projects, so how can they be considered "dirty"? Will foreign banks accept "dirty money"?” said Hajiyev, calling nonsense the charge of embezzlement of 4.7 billion dollars.
He expressed the hope that the “reforms and publicity” launched in the country will affect this court case. The lawyers also pointed to contradictions in the case and made a number of motions that were not granted.
The trial will continue on December 9th.
* Hajiyev was arrested on December 5, 2015, and the Baku Serious Crimes Court sentenced him to 15 years in prison. He and seven other people were found guilty of abuse, fraud with causing serious damage, misappropriation and embezzlement, abuse of power, and bribery.
At the end of December 2018, the Prosecutor General’s Office announced that Hajiyev had been charged with a new case under articles on misappropriation of a large amount of money, legalization of proceeds from crime, tax evasion, etc.
He is charged with concluding transactions on the sale of bills not having real value and totaling $ 3.4 billion and 987 million euros. Hajiyev and Khalilov denied the charge.
In September of this year, the court added another 1.5 years in prison to Hajiyev and Khalilov each. -16C06-
Social
-
The International Coalition for Democratic Renewal (ICDR) and Forum 2000 Foundation expressed grave concerns over the escalating repression of civil society in Azerbaijan, issuing a joint statement. The groups highlighted the government's intensified crackdown on lawyers, journalists, activists, and human rights defenders, painting a stark picture of a country where dissenting voices are systematically silenced.
-
The Times Higher Education (THE), a leading international organization with an audience of 60 million and ranked among the world's top 100 networks in the field of education and skills assessment, has published a comprehensive article titled “Calls for the Release of Azerbaijani Scholar as Climate Summit Begins.” THE, known for its annual ranking of world universities, notes that while a major fossil fuel producer hosts a gathering of global leaders, it is cracking down on dissenters. Human rights groups are urging the Azerbaijani government, which is hosting the COP29 climate conference, to release a scholar detained after criticizing fossil fuel policies.
-
On Thursday, overcast weather is expected in the capital will be overcast, with light rain possible in the morning. There will be a moderate southeast wind. The temperature at night will be between +8 and +10°C, and during the day, it will range from +12 to +15°C. Humidity will be 65-75% both at night and during the day. Precipitation will occur in the eastern part of the country. There may be fog in some areas, with a moderate east wind.
-
On November 12, the summit of world leaders commenced at the 29th session of the Conference of the Parties (COP29) of the United Nations Framework Convention on Climate Change (UNFCCC) in Baku. According to "Euronews," citing sources from the UN, the event is attended by around 100 heads of state.
Leave a review