Partner of GEN LLC Construction Company’s Head Arrested in Baku

Partner of GEN LLC Construction Company’s Head Arrested in Baku

Azerbaijan, Baku, 27 October / Trend corr. S.Kazimli / One more man was arrested concerning case of GEN Limited Liabilities Company (LLC), which investigation is being held in the Azerbaijani capital city.

Khanlar Aliyev, a resident of Baku, was arrested because of misappropriation of $80,000 from Elbrus Aliyev, the head of GEN LLC through fraud, the Baku Central Police Department told Trend .

Aliyev, the head of GEN LLC, was detained on 11 June and the Nasimi District Court sentenced him to three-month imprisonment. Term of investigation was prolonged to 24 November because of continuation of investigation. A lawsuit was filed on Aliyev in accordance with Article 178.3.2 (fraud with mass amount of damage) of the Azerbaijani Criminal Code.

Then Nabi Mammadov, Aliyev's deputy, and Habib Agayev, the accountant of the company were arrested. They are charged in accordance with Article 178.3.2 (fraud with mass amount of damage) of the Azerbaijani Criminal Code and the Nasimi District Court sentenced on their arrest.

Aliyar Abbasov, the general accountant of the company, was detained on 3 July. Abbasov was charged of fraud together with Aliyev and was sentenced to two-month trial.

Mutallim Babayev, who mediated during purchase of houses built by the company, was charged in accordance with Article 178.3.2 (fraud with mass amount of damage) of the Azerbaijani Criminal Code and arrested on 30 August. Mehbara Jafarzade, the HR Manager, was charged in accordance with Article 178.3.2 (fraud with mass amount of damage) of the Azerbaijani Criminal Code on the same day. Jafarzade gave a written obligation not to leave the country without investigation's permission.

On 13 September Akif Mammadov, a resident of Ismayilli District of Azerbaijan, and  on 15 September Zahid Aliyev, a resident of Baku city, were arrested with the charge of fraud against Elbrus Aliyev, the head of the GEN LLC on 15 September.

Under pretext to sell a land Z.Aliyev got AZN 290,000 from E.Aliyev to create a farm and Mammadov got AZN 285,000 for his mediation during purchase of the land. They both are convicted in accordance with Article 178.3.2 (fraud with mass amount of damage) of the Azerbaijani Criminal Code. Mammadov was arrested on this case.

On 19 September Elbrus Hajiyev, who was in search concerning the case of GEN LLC, was detained. Earlier he lived in Russia. Aliyev misappropriated AZN 12mln by deceiving 550 citizens.

K.Aliyev was one of founders of GEN LLC, the Baku Central Police Department said. He was E.Aliyev's partner. However, he got the above-mentioned amount of money from E.Aliyev and left the company.

K.Aliyev is charged of Article 178.3.2 (fraud with mass amount of damage) of the Azerbaijani Criminal Code.

The correspondent can be contacted at:[email protected]

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