New Arrest in Case of Loans of International Bank of Azerbaijan

The police detained a group of persons involved in the loan scandal in the International Bank of Azerbaijan, including the former responsible persons of the country's leading bank.

According to sources in law enforcement, it is about the management of the central and transport subsidiaries, as well as management of a number of commercial organizations - partners of the bank: Azeriinshaatservis, Track Invest, and Inter Glass.

Sources in the Interior Ministry promised an official statement later.

Recall that in April 2015 the head of the bank Jahangir Hajiyev was dismissed. It was the start of the arrests of businessmen and former employees of the International Bank for non-repayment of loans in huge sums of hundreds of millions of dollars. -0--

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