BAKU, Azerbaijan, September 13. As a result of measures taken by the State Security Service of Azerbaijan (SSS), a criminal group that organized an illegal system for transferring large sums of currency from Europe to Azerbaijan and vice versa has been exposed, Trend reports.
One of the members of the group is Azerbaijani citizen Parviz Ismayilov.
By the decision of Sabail district court, a measure of restraint in the form of imprisonment was chosen against Ismayilov under Article 206-1.3 (illegal money transfers from Azerbaijan to a foreign country or from a foreign country to Azerbaijan in a particularly large amount) of the Criminal Code of Azerbaijan.
Among the persons to whom money was transferred to Azerbaijan through the above-mentioned scheme, were persons prosecuted for various crimes against state security, as well as various radical extremist groups.
In accordance with the best international practices in the field of combating money laundering and legalization of proceeds from corruption crimes, financing of spies and terrorist groups using the shadow economy, Article 206-1 (Engaging in illegal transfer of funds from Azerbaijan to a foreign country or from a foreign country to Azerbaijan) was added to the Criminal Code by the Decree of the President of the Republic of Azerbaijan in December 2022 and defined in the Criminal Code of Azerbaijan.
Serious measures will be taken against groups engaged in similar activities.