New arrests of bankers and businessmen

One more group of persons was detained for failing to pay a large amount of credit debts to the International Bank of Azerbaijan, law enforcement authorities told  APA report.

They are the IBA former senior officials and businessmen – former director of IBA Central Branch Ilgar Abdullayev, former director of IBA transport branch Kenan Orujov, Director General of “Inter Security” LLC dealing with the protection of IBA administrative buildings Ibrahim Huseynov, Chairman of the Supervisory Board of “Azerinsaatservis” LLC Arif Hasanov, acting director of “Trek Invest” JSC, founded by “Azerinsaatservis”, Ali Alishov and “Inter Glass” OJSC director Fariz Muradov are among detainees.

Relevant measures will continue against those suspected of embezzling funds from the IBA.  

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