Criminal case on bank officials accused of corruption sent to court

Baku: Hafiz Heydarov; Criminal case of officials of Parabank branch accused of corruption has been sent to court for consideration.

According to General Prosecutor’s Office, the investigation of criminal case launched at the Anti-Corruption Department under Prosecutor General on illegal actions of Parabank’s employees recorded at Nizami branch has been completed.

The investigation revealed that credit specialists of the bank Orkhan Ugurluzadeh and Togrul Mirzazadeh, conspiring with relatives Afgan Valiyev and Seymur Abdullayev, allocated loans to 228 persons by abusing their powers and misappropriated AZN 127,804 of the bank. Orkhan Ugurluzadeh faced charges under the Criminal Code’s article # 178.2.3 (swindle with use of service position), 308.2 (Abusing official powers) and 313 (Service forgery) and was sentenced to pre-trial detention. Togrul Mirzazadeh faced charges under the Criminal Code’s article # 178.2.3 and 313, Seymur Abdullayev – under article #178.3.2, Afghan Valiyev – under article # 178.2.1 and 178.2.4 and preventive measures other than imprisonment were taken against them.

The criminal case have been sent to Baku Court on Grave Crimes for consideration.