Bank Of Baku

Azerbaijani Finance Ministry imposes financial sanctions on eight NGOs

Azerbaijani Finance Ministry imposes financial sanctions on eight NGOs
# 14 December 2010 08:13 (UTC +04:00)
He said that only 831 of the NGOs presented reports in time.
“The others did it late,” he said.

Elkhan Jafarov said 1353 NGOs did not present reports to the Finance Ministry. According to him, letters were sent to the NGOs that had not presented reports.
Some of the letters were delivered, others returned.
“As the addresses of 169 NGOs are not known, it was impossible to sent letters,” he said.

Elkhan Jafarov said the Finance Ministry imposed sanctions on eight NGOs.
“But next year the sanctions will cover all NGOs failing to present reports,” he said.

The department chief did not publicize the names of the NGOs that undergone sanctions.
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