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General Director of credit agency dismissed because of bribetaking

Baku. Elnur Huseynguluyev - APA-Economics. Azerbaijan Credit Unions Association (AKIA) dismissed General Director of “Executive Credit Agency” LLC, realizing crediting operations on account of state’s support and WB’s investments – Arif Aliyev.

He was dismissed because of bribetaking and Anti-corruption Department under Prosecutor General’s Office of Azerbaijan Republic was informed in connection with it.

Note that, the Azerbaijan Credit Unions Association (AKIA) was founded in 2003. AKIA’s mission is promoting expansion of credit union network both regionally and internationally, assistance in foundation of new CUs, holding trainings for CU members to improve the quality of these non-banking organizations, establishing a connection between CUs and donor organizations, protection of CU rights and lobbying laws related to CU activity, etc.






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