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Board chairman of closed Azerbaijani bank arrested (UPDATE)

Economy Materials 29 November 2017 20:24 (UTC +04:00)
Elmikhan Nabiyev, board chairman at the closed Atrabank, has been arrested, the Azerbaijani Prosecutor General's Office told Trend Nov. 29.
Board chairman of closed Azerbaijani bank arrested (UPDATE)

Details added (first version posted on 19:27)

Baku, Azerbaijan, Nov. 29

Trend:

Elmikhan Nabiyev, board chairman at the closed Atrabank, has been arrested, the Azerbaijani Prosecutor General's Office told Trend Nov. 29.

Nabiyev is charged under Article 308.2 (abuse of official powers entailing grave consequences).

As part of consistent measures for combating corruption offenses, the Anti-Corruption General Directorate under the Prosecutor General’s Office reviewed the files sent by the Azerbaijan Deposit Insurance Fund in connection with the illegal actions of former employees of Atrabank OJSC, which is being liquidated.

At present, the necessary investigative measures are underway.

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