The trial of Eldar Mamliyev, who was accused of embezzling $1 million from the cash office of a company operating in Türkiye, has concluded, APA reports.
The verdict was announced at the Ganja Serious Crimes Court, presided over by Judge Ilkin Ibishov. Under the verdict, Eldar Mamliyev was sentenced to 10 years and 6 months in prison. He will serve his sentence in a maximum-security penal institution.
It should be noted that the defendant worked as a cashier at Araz Kür İnşaat Malzemeleri Ticaret Limited Şirketi, based in Istanbul, from 2018 until October 2023. He was authorized to handle the purchase and sale of gold jewelry, money transfers, cash payments and oversee the company's financial operations.
The investigation established that while the company's executives were outside Türkiye, the defendant was entrusted with a total of $1 million (AZN 1.7 million at the exchange rate of the time), which was kept in the cash office for various payments.
The defendant embezzled the funds in installments between August and October 2023. It was established that he spent $9,780 in cash, while $990,220 was brought to Azerbaijan through methods unknown to the investigation and transferred to two bank accounts opened in his wife's name. The money was later spent through bank cards on paid online games in Istanbul and for other personal purposes. After the embezzlement of the $1 million was discovered, only $100,000 was returned, while the remaining amount has not been repaid.
The investigation also found that AZN 1.7 million had been deposited into bank accounts opened in the defendant's wife's name over a short period, and that nearly all of the funds had subsequently been withdrawn. Bank statements and cash receipt records relating to those accounts were recognized as material evidence in the criminal case.
Eldar Mamliyev was ultimately charged under Articles 12.1 and 179.4 of Azerbaijan's Criminal Code (embezzlement committed outside the territory of the Republic of Azerbaijan causing especially large-scale damage).
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