Rasim Məmmədov
Baku/01.02.21/Turan: The Sabail District Court of Baku arrested on February 1 the director of the Baku Steel Company, Rasim Mammadov, who was detained on January 28.
According to Mammadov’s close environment, he is charged under Art. 178.4 (fraud with causing damage on an especially large scale), 179.4 (embezzlement and misappropriation on an especially large scale) and 308.2 (abuse of office, entailing grave consequences) of the Criminal Code.
According to unofficial sources, Mammadov was close to Ramiz Mehdiyev (former head of the presidential administration and the unofficial owner of the enterprise. The reason for the arrest was the embezzlement of about $ 10 million. Last year, it was reported that an investigation into the "machinations" at the Baku Steel Company had begun. –06D-
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