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Azerbaijan prepares to file return lawsuit against Fim Bank

ICT Materials 26 October 2005 14:57 (UTC +04:00)

“Azerbaijan prepares to file a return lawsuit against Maltese Fim Bank filed lawsuit against the Azerbaijani government on nonpayment of the credit allegedly given under the guarantee of the Communications Ministry and Pochtbank,” Ali Abbasov, the Communications and Information Technologies Minister, said on Wednesday, Trend reports.

According to Abbasov, the lawyers have paid a visit to Baku recently and informed us that the legal hearing in Rotterdam on the issue will be over in favor of Azerbaijan soon. “We are drawing appropriate documents to file return lawsuit against Fim Bank for caused damage to Azerbaijan. The exact amount of the lawsuit has not determined yet,” he added.

The next legal sitting in Rotterdam on the case of Maltese Fim Bank will be held on 16 November.

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