Hearings on Evidences on Case of Maltese Bank and Azerbaijan Government Due in June
Azerbaijan, Baku /corr Trend S.Babayeva / The Azerbaijani Ministry of Communications and Information Technologies reported that in June the Rotterdam Court will hold hearings on evidences by witnesses on the case between the Azerbaijan government and the Maltese FIMbank (First International Merchant Bank).
During the previous hearings the court took evidences by ex-president of FIMbank, residing in Canada. At the same time, a deputy head of the bank's department was also to give a testimony, while it was postponed due to objective reasons. The second witness from the bank and one witness from the Azerbaijani side will give testimony at the hearings scheduled for 4 June.
In July 2004, the Maltese FIMbank raised a claim against the Azerbaijani Government regarding the non-payment of credit issued under the guarantee of the Communications Ministry and AKB Pochtbank to non-existent enterprises of the Ministry, Aztell $3,035,000 and Baktell $1,560,000.