Bank Of Baku

Criminal case launched on irregularities at Azerbaijani bank

Criminal case launched on irregularities at Azerbaijani bank
# 30 January 2014 14:29 (UTC +04:00)

Prosecutor General’s Office told APA that the Anti-Corruption Department of Prosecutor General has investigated the call on the violations in RabiteBank OJSC.

 

It was found out that officials of Lankaran branch of the bank registered fake credit contracts in the name of Fuad Jabbarov and other residents of Lankaran and embezzled AZN 35,000. Criminal case has been launched under the Criminal Code’s articles 308.1 (abuse of power) and 313 (forgery).

Investigation is underway.  

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