Rasim Məmmədov
Former owner of Baku steel company sentenced to 14 years in prison
Baku/28.12.22/Turan: The trial on the case of the former head of the metallurgical enterprise Baku steel company Rasim Mammadov ended on Wednesday in the Baku Serious Crimes Court.
The court sentenced him to 14 years in prison to be served in a strict regime prison.
Before the announcement of the verdict, Mammadov stated that the charges had nothing to do with him and asked for a verdict of not guilty.
On November 22, public prosecutor Orkhan Samedov proposed that Mammadov be found guilty on all charges and sentenced to 15 years in prison with confiscation of property.
Mammadov was accused of committing economic crimes under the Articles: 179.4 (appropriation and embezzlement on an especially large scale); 193.3.2 (sham entrepreneurship, with receipt of income on an especially large scale); 308.2 (abuse of official powers that entailed grave consequences) and 313 (official forgery) of the Criminal Code.
According to the information of the State Security Service, which detained Rasim Mammadov on February 3 this year, for several years Mammadov embezzled over 13 million manats and plundered products worth 42 million manats.
Thus, serious damage was caused to the financial position of the enterprise. In addition, Mammadov fraudulently embezzled funds from individuals. As a result of the investigation, the total amount of damage caused by Mammadov was 185 million manats. ----16B---
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- Economics
- 28 December 2022 16:15
Social
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Next year, the one-time social allowance for funerals is forecasted to remain at 960 manats. This figure is reflected in the 2025 budget package. However, the allowance is not granted to everyone.
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Drizzle in some places of the capital on Thursday, rain is expected by the evening. Wind is north-western.
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No international observers will be invited for the municipal elections, according to the Chairman of the Central Election Commission (CEC), Mazahir Panahov, who announced this during a meeting of the commission on December 2.
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Weather in the capital on Wednesday will be cloudy, rain is expected in the morning and evening. Faint fog in the morning. Wind is south-eastern. Air temperature will be +6+8 at night and +8+11 during the day. Humidity is 70-80 %.
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