Bank Of Baku

Prosecutor General's Office launches criminal case on officials of “Az Palinure International” LLC

Prosecutor General
# 03 September 2013 15:35 (UTC +04:00)

Press service of the Prosecutor General's Office told APA that as a result of investigations, the criminal case has been launched on the officials of “Az Palinure International” LLC under article178.3.2 (embezzlement abusing confidence) of the Criminal Code, as they embezzled a large amount of others’ property by receiving totally $ 38,250 from individuals in 2010-2012. They promised every person paying $ 1.050 to the society, to be paid 3.5% of this amount every month under the pretext of implementing joint projects with banks operating in foreign countries.


Anti-Corruption Department under General Prosecutor's Office is investigating the case and taking necessary measures to restore the violated rights of citizens defrauded by the officials of “Az Palinure International” LLC.

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THE OPERATION IS BEING PERFORMED