Office to Combating Corruption under the Prosecutor General has revealed the fact of embezzlement more than 1.5 million manat by officials in the commercial bank "RoyalBank". Leaders of the two branches of the bank liquidated last summer, were arrested, according to the press service of the Prosecutor General Office.
The investigation revealed large scale misappropriation by the officials of the “RoyalBank.” Specifically, the head of the Tovuz branch, Adalat Museibov, in a criminal conspiracy with Jam Ali Mohammed Hassan, the chairman of the supervisory board of "RoyalBank", used the funds of the State Agency for agricultural credits.
In particular, they issued fictitious loans in the name of Nizami Garayev, Seyfaddin Abbasov and Isfendiyar Museibova, and 400,000 manat were illegally taken from the offices of the bank and misappropriated.
Similarly ere misapprprated funds in the Ganja branch of the bank, led by Anar Tagiyev. Fictitious credits amounting 1,120,000 manats weeissued; if this sum the acctaully received 67,000 manat, the remaining 1 million 53 thousand manat were misapprprated.
Museibov and Tagiyev have been brought to trial under Article 179.3.2 (misappropriation and embezzlement on a large scale), they were arrested.
However, the report does not indicate whether Jam Ali Mohammed Hassan ( according to some informaton, a British citizen) has been brought to trial; his name appears in the machinations of both branches. -16D06-
Social
-
An online meeting of civil society activists focused on the human rights situation in Azerbaijan, convened on the initiative of the Justice Solidarity Committee, highlighted significant concerns over the detention of journalists, political activists, and opponents of the war. The gathering, held on August 30, coincided with the International Day of Remembrance of the Missing and underscored the ongoing challenges facing both Azerbaijani and Armenian societies in the wake of the Karabakh conflicts.
-
No precipitation is expected in Baku and on the Absheron Peninsula; the northwestern wind will change to a southeastern wind during the day. Air temperatures will range from 21-26°C at night and 33-38°C during the day, according to the National Hydrometeorology Service of the Ministry of Ecology.
-
A fire has erupted at the Experimental and Testing Production of the Scientific Research Institute of SOCAR (the state oil company) in the Surakhani district of Baku, the Ministry of Emergency Situations reported. "Thanks to the urgent and necessary measures taken by the Ministry of Emergency Situations, the spread of the fire to neighboring areas, including nearby residential buildings, has been prevented," the statement reads. Efforts to extinguish the fire are still ongoing.
-
In September, the average monthly air temperature in Azerbaijan is expected to be close to the climatic norm. Precipitation levels will also be near the norm, but in some areas, they will exceed it, according to the September forecast from the National Hydrometeorological Service.
Leave a review