TODAY.AZ / Business

Azeri Government to sue Barmek because of assets deficiency

21 October 2006 [11:15] - TODAY.AZ
Hand-over test of Barmek Electricity Distribution Company LLC is in plight and our expectations go real, Deputy Economic Development Minister Mikayil Jabbarov said.

He said that hand-over test of Bakielectricshebeke and Sumgaitelectricshebeke (both controlled by Barmek to supply Baku and Sumgait with energy) will have been completed in a few days.

"Deficiency of assets was found during the examination. We will demand repayment of the assets as said in the agreement," he said.

He also said that the problem can be ironed out without any court row if Barmek yields to our demand. But, the trial can also take place abroad in any case, APA reports.

URL: http://www.today.az/news/business/31704.html

Print version

Views: 1700

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail: