Finance Ministry Management Not Involved in Theft at IBA - Prosecutor General’s Office
The prosecutor's office continues to investigate the facts of illegal export of hundreds of millions of dollars abroad by the former chief of the International Bank of Azerbaijan Jahangir Hajiyev. Turan was told in the press service of the Prosecutor General's Office.
During the work as the head of the International Bank (2001-2015), he created an organized group, and abusing official position, wasted another's property on a large scale, committing forgery, and damaged the rights and interests of investors and the state.
The investigation on a number of episodes continues. It was established that Hajiyev and a number of other senior officials of IBA transferred hundreds of millions of dollars for bogus legal entities abroad. And Hajiyev’s accusations that the Finance Ministry’s management was aware of this and involved in the crime are not justified, Sultanov said.
Recall that on October 14, 2016 Jahangir Hajiyev was sentenced to 15 years in prison on charges of embezzlement and fraud. Along with him, six IBA employees were sentenced to prison. –02B-
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