The criminal case against the head of "Azerkhalch" Vidadi Muradov submitted to the court

Baku/21.09.21/Turan: The preliminary investigation into the case of the former chairman of the Board of JSC "Azerhalcha" Vidadi Muradov charged with embezzling 21 million 673.000 manats (approx. 11 million euros) is over.

The case materials were submitted to the Baku Court for Serious Crimes for consideration, the press service of the Prosecutor General's Office told Turan.

The investigation established that Muradov rented an administrative building for Azerhalch that belonged to him.

Besides, the funds owned by JSC "Azerkhalcha"were transferred to the bank accounts of individual legal entities through concluding formal contracts and then cashed out.

The facts of unjustified overestimation of the volume of work and estimates during the construction of 23 enterprises for Azerkhalcha LLC, and other cases of embezzlement of state funds totaling 21 million 673.000 manats were established.

The facts of deliberate tax evasion to the state budget amounting to 640.000 manats were revealed.

Muradov was charged under Articles 179.4 (large-scale embezzlement), 213.3 (large scale tax evasion), 308.2 (abuse of official powers that led to serious consequences) and 313 (official forgery) of the Criminal Code of the Azerbaijan Republic. By a court decision, he was arrested.

In order to compensate for damage to the state, according to a court decision, Muradov's residential and non-residential premises were seized for total 30 million 587.000 manats , as well as shares and assets of Azer-Ilma LLC owned by Muradov and his family members.

When it comes to other persons involved in the crimes together with Muradov, the criminal case was placed into a separate proceeding, the investigation continues.—06D-