Azerbaijan, Baku, 15 April / corr Trend I.Khalilova / The International Bank of Azerbaijan (IBA) refutes the recent reports on release of deposits in the amount of AZN 514,000 from the deposit account of Sabail branch of the bank by false proxy.
Citing the law-enforcement bodies, the recent media reports said that money was taken out from Almaz Guliyeva's account by Gadir Alasgarov.
The bank said that the Sabayil branch of the IBA had not opened a deposit account on Guliyeva's name.
This sum of money was not taken by proxy, but on the basis of payment order and was transferred to the client's bank account in line with the requirements of the Instructions on Cash Accounts and Money Transfers.