The Paris Court will consider the appeal of Azerbaijani side regarding the case of Maltese FIMbank in October. The exact date hasn't been fixed yet, Trend reports with reference to the Ministry of Communications and Information Technologies of Azerbaijan.
In July 2004 First International Merchant (FIM Bank) filed a suit on Azerbaijani government regarding non-repayment of credit supposedly issued against the security of Communication Ministry and JSCB Pochtbank to fake enterprises Aztell and Baktell in amount of $1,560,000 and $3,035,000, respectively. Moreover, the Paris Court which is on the base of the suit brought by the bank imposed an arrest on means of the Ministry of Communication of Azerbaijan Republic at the rate of Azerbaijani party's 500 thousand shares invested by the French Company Eutelsat S. A. on its dividends at the rate of more than $1.
That means by the court's final decision these means assessed by the Paris Court to the sum of 6,5 m euros automatically will be transferred to the balance of that party which won the court process.
The appeal of the Azerbaijani side is related to achieve the disaffirmation of the court decision regarding the account, the same source told. There are two variants of resolving this question: Paris Court may come to a conclusion only after the final decision of Rotterdam court, or may by referring to the documents submitted by Azerbaijani side.
The situation in Rotterdam court also hasn't been defined. The date of the next meeting will be fixed for the period from November 2006 to January 2007, where the evidences of the witnesses should be listened. Last time the government of Azerbaijan submitted the documents proving its have-nothing-to-do with this case in January 2006.