Bank Of Baku

Bank sues Azerbaijani MP and his brothers for $1 million – EXCLUSIVE

Bank sues Azerbaijani MP and his brothers for $1 million – <font color=red> EXCLUSIVE</font>
# 12 November 2012 12:14 (UTC +04:00)

 

 APA reports that MP Rafael Jabrayilov, his brothers Elshan Jabrayilov, Rauf Jabrayilov and relative Akif Amanaliyev have been sued over the loan agreement.

Bank Nikoil has sued them. The bank demands the payment of the loan debt. According to the suit, the total amount of the debt is AZN 879 618 000 ($1.1 miliion). Binagadi district court partially sustained the case. Baku Appeals Court partially cancelled the act and adopted a new resolution.

 

Supreme Court will consider the case.

 

MP Rafael Jabrayilov confirmed the fact to APA. “This is property dispute between my brothers and the bank,” he said.

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THE OPERATION IS BEING PERFORMED