Azerbaijan, Baku / Trend corr. К.Zarbaliyeva /Huseyn Arabli, the former president of the Barmek-Azerbaijan Ltd, pleaded no guilty during the hearing held under the chairmanship of the Judge Sadraddin Hajiyev.
In compliance with the contract concluded between the Azerbaijani Ministry of Economic Development and the Turkish Barmek Holdinq A.S, the Turkish company will manage Bakuelectricshabaka within 25 years.
The company must have to invest some $51mln within 5 years. However, the planned sum had not been allocated.