Bank employee arrested on charges of embezzlement of 3.5 million manat

A Yelo Bank employee has been arrested in Barda on charges of embezzlement, Report informs citing the Main Anti-Corruption Department under the Prosecutor General’s Office. Akper Mushfig Shukur oglu, a specialist at the bank’s Barda branch, is accused of embezzling 3.5 million manat.

According to the information, A. Mushfig is accused of taking out fictitious loans in the name of more than 20 acquaintances, abusing his official powers, together with his acquaintance Jahangir Asadov, who is not an employee of the bank.

A. Mushfig and J. Asadov have been charged under Article 179.4 (large-scale embezzlement) of the Criminal Code of the Republic of Azerbaijan; arrest has been chosen as a preventive measure against them. During the investigation, the accused compensated for damages in the amount of 2.9 million manat.

After completing the investigation, the Anti-Corruption Main Directorate sent the case to the Ganja Court of Grave Crimes for consideration.

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