TODAY.AZ / Business

Indictment announced in trial of Barmek officials

03 May 2007 [09:56] - TODAY.AZ
Trial on case of president of Barmek Azerbaijan Electricity Distribution LLC Huseyn Arabul and six more company officials, who are accused of abuse of power, embezzlement and negligence of court judgements, continued at the Court of Grave Crimes.

Public prosecutor Abdulla Yusifov announced indictment. The indictment states that according to the contract between Economic Development Ministry and Turkey's Barmek Holding Inc., the company was charged to run the Baki electricity distribution Open Joint Stock Company for 25 years. According to the investment program, the company was to have invested $51million within first five years. Notably low investment was made on account of Barmek consumers. The investigation shows that Barmek LLC officers embezzled AZN9, 143,940.

Huseyn Arabul faces charges under Article 179.3.2 (embezzlement), 308.2 (abuse of power) and 313 and banned from leaving the country. Barmek high-ranking officers Omar Guner Ismayil, Vefa Agayev, Mahir Novruzov, Chingiz Ibadov, Vaaleh Zeynalov, Chingiz Abdullayev, Esger Esgerzadeh were held accountable under articles 179.3.2, 308.2 and 313 of the Criminal Code and arrested. Department to Combat Corruption under General Prosecutor's Office investigated the criminal case under Articles 179.3.2, 306.2, 308.2 and 313 against high ranking Barmek officials.

Following this, the public prosecutor petitioned for investigation of evidences. The court granted the petition. The judge asked the defendants if they admit their guilt. None of them admitted their guilt.

The process will continue on May 3. Huseyn Arabul will give testimony.

The criminal case on one more Barmek officer Chingiz Ibadov is being investigated separately in connection with his treatment, APA reports.

URL: http://www.today.az/news/business/40399.html

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