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Turkish businessman misappropriates large sum of money

Politics Materials 29 January 2009 16:47 (UTC +04:00)

Azerbaijan, Baku, Jan. 29/ Trend , S. Kazimli/

A Turkish businessman is charged with misappropriating a large sum of money from a Baku resident. He has pleaded guilty, Khatai District Police told Trend .

Baku resident Sakit Mammadov, 50, appealed to the Khatai District Police in September 2008.

Mammadov complained that Turkish citizen Solak Emrah Kadir misappropriated $70,000 to start a joint venture. Kadir reportedly runs a business in Baku. Solak Kadir pleaded guilty.

The Khatai District Police have launched an investigation into the case.

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