"Oligarhgate" is increasing

On  May 13  unofficial information came from different sources about the arrests, detentions and interrogations of the oligarchs in the Main Directorate for Combating Organized Crime of the Interior Ministry.

Among the invited "for a talk" was mentioned  the name of Ibrahim Ibrahimov (Nehramli.) The name of the owner of the project Caspian Islands  is among the debtors of the International Bank. By  own admission of Nehramli, he took a loan of  $57 million, but sources in the International Bank called the astronomical sum of 850 million. The  end of the conversation with Nehramli isunknown.

Meanwhile, was confirmed the information about the arrest of another oligarch - Nizami Piriyev. Head of AzMeCo is charged under Article 178.3.2 (fraud with causing damage in large size). The investigation conducted by the Ministry of Internal Affairs GUBOP,  Turanwas told by  law enforcement source.

Piriyev is charged for  not returning loans to the World Bank for the construction of a methanol plant. Piriyev  can be imprisoned to 12 years  with confiscation of property.

It should be noted that in the past Piriyev  was engaged in business in Russia and the United States. From 1992 to 2002 he was president of the American oil company «PNN Arkansas Inc.», and then for several years worked as head of the Russian oil and gas company "StroyTransGazoyl."

Piriyev  is the founder of PNN  group, which includes the company and AzMeCo.

PNN is also a partner of famous brands De Beers and Hamley's, as well as fast-food network KFC.-06D-