Investigation has found out that in 2009-2010 expert of 20 Yanvar branch of the bank Kamal Farajov with the help of his acquaintances Vugar Rahimov, Zamig Dadashov and Seyran Umudov counterfeited documents necessary for giving loans, documented AZN 108,640 loans to the name of 59 persons and embezzled the money. They faced charges under article 178.3.2 (swindling) of the Criminal Code.
The damage has been partially paid by the defendants.
The materials of the criminal case have been submitted to Baku Court of Grave Crimes.