Azerbaijan continues to take measures to combat non-return of export earnings

A number of officials in Azerbaijan have been prosecuted for failure to return export earnings to local banks, Report informs citing the press service of the Prosecutor General’s Office. Criminal cases have been initiated under Articles 208.2.1 (failure to return foreign currency by a group of persons by prior agreement) and 308.2 (abuse of power, resulting in grave consequences) of the Criminal Code of Azerbaijan.

It was established that individual Sahiba Muradova failed to return $23.4 million to the accounts of a local bank, and a preventive measure in the form of police surveillance was chosen against her. Vefadar Jafarov evaded the return of $900,000, and he was taken into custody.

The defendants in similar cases are Emin Islamov, involved in the non-return of $1.6 million, and Elshan Agakishiev, accused of non-return of $1 million. The latter is wanted. A case has also been opened against the company Paralel N, whose director, Eldar Damirov, is suspected of non-return of $16,000, and he is also wanted.

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