Azerbaijan, Baku / Trend corr U. Ismayilova / The Azerbaijan State Securities Committee (SSC) in the Azerbaijani President's Administration received some 400 complaints about violations of the rights of minority stockholders in a year, the Chairman of the SSC, Gunduz Mammadov, said on 7 September.
According to Mammadov, the complaints were submitted by 400-450 JSCs.
"Currently we are restoring the rights of stockholders and the violators are being fined," Mammadov said.
In 2006, 396 investors submitted 392 complaints to the SSC, while in 2005 some 538 investors submitted 308 complaints.