Criminal case launched on officials embezzling large amount of state funds in Azerbaijan

Criminal case launched on officials embezzling large amount of state funds in Azerbaijan
# 12 March 2013 16:57 (UTC +04:00)

Press service of the Prosecutor General's Office told APA that the Anti-Corruption Office under the Azerbaijani Prosecutor General investigated the spending of the funds allocated from the state budget for the Center for Environmental Monitoring and Security of the Caspian Sea under the Ministry of Ecology and Natural Resources in 2010-2013 and found out that AZN 260 000 allocated for ongoing restoration of wastewater treatment plants has been laundered and the storage fell short of material worth AZN 65 000.

Moreover, it was revealed that the Centre had signed an agreement worth AZN 126 000 with "Exiles STS" Ltd, the cost of the construction was artificially increased by AZN 101 000, totally AZN 183 000 funds were embezzled.

Criminal case has been launched on the fact on articles 179.2.3 (embezzlement) and 308.1 (abuse of power) of the Criminal Code.

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THE OPERATION IS BEING PERFORMED