TODAY.AZ / Politics

LIDER remittance system cooperates with Nagorno-Karabakh separatists

10 August 2009 [12:24] - TODAY.AZ
A number of financial institutions ignoring international norms and rules continue to help Nagorno Karabakh separatists.
Thus, through LIDER system of remittances, it is easily possible to transfer money to Khankandi, hot line of LIDER remittances system told Day.Az correspondent.

“By means of LIDER system of remittances, one can transfer money to Stepanakert [Khankandi]. Money can be transferred to the 2 branches of Artsakhbank. Commission will be 2 percent,” the hot line said.

In other words, LIDER helps Armenian diaspora to transfer money to Nagorno Karabakh.

It should be noted that link on Armenia is inactive on the official Web site of the money transfer system. Thus, it seems the money transfer system tries to hide illegal actions related to money transfers to Khankandi.

LIDER is one of the major players of Russian market of remittances on the territory of CIS countries. So, this fact can not be ignored.

LIDER cooperates with a number of Azerbaijani banks as well.

We hope that the Central Bank of Azerbaijan which always quickly responds to these facts and will intervene with the situation and send a formal letter of protest to LIDER money transfer system.

Last year, thanks to a series of articles in Day.Az, as well as a clear and operational position of the Central Bank, WesternUnion and Migom money transfer system ceased cooperation with the separatists of Nagorno-Karabakh. Moreover, the system of money transfers Moneygram, which has ignored calls by the Central Bank, was completely banned in Azerbaijan.

Day.Az readers can also express a protest by sending an e-mail [email protected].

Below is the sample letter in English

To the attention of the LIDER system of remittances!

I would like to bring to your attention that LIDER money transfer system has a serious error in its activity which affects the interests of Azerbaijan and its own image as well.

So, I found out that LIDER transfers money to Nagorno-Karabakh, in particular, to two branches of Artsakhbank in “Stepanakert” (true name is Khankandi). I would like to bring to your attention that Nagorno-Karabakh is an integral part of Azerbaijan and any financial transactions in this area is illegal.

We urge you to cease transfers to Nagorno-Karabakh. It is noticeable that largest money transfer systems such as Western Union and Migom ceased transfers to Nagorno-Karabakh last year.

Sincerely

/Name, middle name, surname/

/Day.Az/
URL: http://www.today.az/news/politics/54523.html

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