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Rotterdam court allowed FIM Bank's appeal for hearing

ICT Materials 25 May 2006 15:44 (UTC +04:00)

Rotterdam district court allowed appeal submitted by FIM Bank that litigates with Azeri government, regarding hearing to be led, Trend reports with reference to the Ministry of Communications and IT of Azerbaijan.

FIM Bank filed an action against Azeri government on failure to repay credits supposedly issued against governmental security to fake enterprises Aztell and Baktell in amount of 3,035,000 and $1,560,000, respectively.

The Ministry officials said hearing date and witnesses involvement is still pending.

Earlier, Rotterdam court offered the parties to submit their evidences in written.

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