Court to announce sentence in case of IBA ex-chairman on Oct. 14

Court to announce sentence in case of IBA ex-chairman on Oct. 14
# 13 October 2016 12:34 (UTC +04:00)

Baku. Shahriyar Alizade – APA. The Baku Court of Grave Crimes will announce Oct. 14 a sentence in the criminal case involving the former chairman of the board of the International Bank of Azerbaijan (IBA) Jahangir Hajiyev and seven people arrested alongside him.

Earlier, a public prosecutor had demanded to sentence Jahangir Hajiyev 17 years in prison and to deprive him of holding senior positions in state and local self-governance bodies.

The prosecutor had also asked the court to sentence Ilgar Abdullayev 8 years, Yusif Alakbarov 11 years, Ibrahim Huseynov 11 years, Anar Sultanov 8 years, Mahammad Jahangirov 8 years, Kenan Orujov 7.5 years and Azad Javadov 12 years and 11 months in prison and to deprive them of holding senior positions in state and local self-governance bodies.

The former head of the International Bank of Azerbaijan Jahangir Hajiyev, the former heads of the bank’s Central branch Anar Sultanov and Ilgar Abdullayev, the former director of Inter Security LLC Ibrahim Huseynov, the former head of the bank’s Central branch Yusif Alakbarov, the former head of the bank’s Transport Branch Kanan Orujov, the former head of the bank’s Narimanov Branch Mammad Jahangirov and the former director of the Baku hazelnut factory Azad Javadov, who are involved in the case, are charged under articles 179.3.1, 179.3.2 (embezzlement on a large scale by an organized group), 308.2 (abuse of power, resulting in grave consequences), 309.2 (abuse of power, resulting in grave crimes), 313 (official forgery), 228.1 and 228.4 (illegal storage and carrying of firearms).

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