Court issues decision on businessman charged with fraud

Azerbaijan Materials 19 June 2009 17:41 (UTC +04:00)

Azerbaijan, Baku, June 19 / Trend , H. Bagirov/  

A court has issued a decision on businessman charged with fraud.

Businessman Khanlar Aliyev, who misappropriated money of GEN CJSC Elbrus Aliyev, was sentenced to nine years in jail, Serious Crimes Court told Trend .

Khanlar Aliyev is charged with inflicting great damage (article 178.3.2). He misappropriated $80,000.   

They agreed to establish a farm in Zabrat and Mashtaga settlements. Elbrus Aliyev gave Khanlar Aliyev $80,000 which was misappropriated by the latter.

Khanlar Aliyev was arrested by Baku Central Police Office in October 2008. He was co-founder of GEN CJSC and partner of Elbrus Aliyev.

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