Former chairman of Atrabank Board of Directors gets arrested
At the moment, the materials received from the Deposit Insurances Fund regarding the illegal actions of former Atrabank OJSC officials have been investigated at the Anti-Corruption Department under Prosecutor General.
Nabiyev Elmikhan Nabi oglu, former chairman of the Board of Directors of Atrabank, which is being liquidated, has arranged illegal loans in the total amount of AZN 6,705,600 under the name of his close acquaintances (Kristal LLC Director Heydarov Eldar Muslim oglu AZN 3.5 millon, Gunel-R Director Arazov Aghamirza Imammirza oglu USD 1 million, Bəyaz Director Garayzade Rashadat Hajagha oglu USD 1 million), in a bid to prevent the bank’s license from being annulled and to increase its charter capital, the Prosecutor General’s press service told APA.
Nabiyev is charged under Article 308.2 (abuse of official powers which has resulted in heavy consequences) and put in pretrial detention.
The investigation is ongoing.
Subscribe
Related news releases
20.04.2018Three artillery shells found on territory of police station in Baku
20.04.2018Court to pronounce verdict against ex-employees of liquidated MNS on April 23
19.04.2018Shells and grenade discovered around reservoir in Azerbaijan
19.04.201853 Azerbaijani citizens convicted abroad repatriated in 2017
19.04.2018Azerbaijani citizen on Interpol wanted list on fraud charges
18.04.2018Azerbaijani female member of Georgian criminal gang detained in France
16.04.2018ICRC representatives meet with Dilgam Asgarov and Shahbaz Guliyev
13.04.2018Baku police warn National Council over scheduled rally
12.04.2018Five Sri Lanka citizens detained in Azerbaijan
12.04.2018Man who brought illegal drugs worth $40,000 to Azerbaijan detained
11.04.2018Mother dies after giving birth in Azerbaijan
10.04.2018Several Nardaran residents detained for illegal arms storage
05.04.201873 kg of explosives found in Azerbaijan’s Goygol
05.04.2018Azerbaijani Supreme Court reaches verdict to release executive director of internet TV ‘Kanal-13’
03.04.2018Fire occurs in building settled by IDPs in Baku, 55 evacuated
03.04.2018Azerbaijani Prosecutor General’s Office, Interior Ministry comment on statement of former MNS official
03.04.2018Director of Shaki Regional Perinatal Center detained
02.04.2018French media outlets notified of Rahim Namazov not being a journalist: Azerbaijani Embassy
31.03.2018Azerbaijan opens criminal case regarding Armenia plundering Azerbaijan's natural resources
31.03.2018Azerbaijani killed in Kharkiv identified - EXCLUSIVE
30.03.2018Azerbaijani man shot and wounded in France after insulting crime bosses
30.03.2018Azerbaijani shot dead in Ukraine’s Kharkiv
29.03.2018Two detained in Baku over production of counterfeit alcoholic beverages
28.03.2018Search for missing mountaineers in Azerbaijan’s Guba continues
28.03.2018Arab tourist reported missing in Baku found
27.03.2018Arab tourist goes missing in Baku
26.03.2018Minister: 64 people killed in Russian shopping centre fire
26.03.2018Man showing armed resistance to police destroyed
26.03.2018FM: No Azerbaijani among those injured and killed in the fire broke out in Russia - UPDATED
23.03.2018Azerbaijani citizen detained while attempting to smuggle 40kg of jewelry to Georgia
22.03.2018Prisoner’s brother attempts to carry narcotic substance inside his nose to prison
22.03.2018Azerbaijan’s border guards prevent another drug smuggling attempt
20.03.2018Bulgarian and Azerbaijani citizens die in car crash in Goygol
20.03.2018Car crashes into tree, 2 dead and 3 injured
19.03.2018Azerbaijan prosecutes 44 foreigners for drug trafficking in 2017
19.03.2018Azerbaijan detains two suspected drug smugglers
19.03.2018Baku police seize nearly 36 kg of drugs in two days
16.03.2018Six people killed in car crash on Aghsu-Kurdamir highway
16.03.2018Azerbaijan puts gang member accused of killing hostage on Interpol wanted list
16.03.2018Criminal case against ex-chairman of management board of Azerbaijani bank sent to court
30.11.2017Baku court announces verdict against former security officials
01.12.2017Iranian, Pakistani FMs discuss IP pipeline
02.12.2017Former owner of Glass market commits suicide
29.11.2017NIDA member gets jail sentence reduced
29.11.2017Azerbaijan opens criminal cases against officials of several construction companies
27.11.2017Russia opens criminal case against police officers accused of violence against Azerbaijani diaspora head
Top news of the day
Close
No appointments for some posts in new gov’t, some officials remain in place - LIST
Novruz Mammadov relieved of his duties Assistant to the Azerbaijani President for Foreign Policy Issues – head of department
Abid Sharifov, Elchin Afandiyev, Ismat Abasov relieved of their duties
President Aliyev approves new composition of Cabinet of Ministers
Hajibala Abutalibov relieved of his duties as Baku mayor
