Nine relatives of Jangir Hajiyev received loans of the International Bank

Trial in the case of the former head of the "International Bank of Azerbaijan" (IBA) and other officials continued in the Baku Serious Crimes Court under the chairmanship of Afgan Hajiyev. In particular,  Anar Sultanov, who in 2004-2010  headed the Central branch of IBA. He said that the branch had the right to grant loans without collateral to 2.000 manats and 5,000 manat with collateral.

More than these amounts were given loans by the decision of the credit committee and the board. After the head office made the decision to grant a loan,  the branch office played more technical role.

"The decisions of the Board  were  compulsory for  me," said Sultanov.

Responding  the questions from the prosecutor, Sultanov said that he  gave loans to the relatives and friends of the former chairman of the IBA Jangir Hajiyev  by his own order.

So, the driver  of the head of the bank Aydin Mehdiyev was granted a loan by 9 million manat. In addition,  from the Central Branch  were granted loans to Hajiyev's wife and daughters, as well as the daughter of the former head of the National Security Ministry and Hajiyev’s brother- in-law  Eldar Mahmudov. Total loans by plastic cards were issued to nine relatives of  Hajiyev. The  trial is ongoing.  -03D-