[ad_1]
The data was released by international investigative journalism centers OCCRP, Finance Uncovered and Transparency International, which analyzed leaked data from the Cayman National Bank on the Isle of Man in November last year, according to The Guardian.
Eldar Mahmoudov served as Minister of National Security from 2004 to 2015, when he was fired by the President of Azerbaijan Ilham Aliyev.
Most of the assets are said to have been acquired through companies related to Maharudov’s son Anaru, 36, and his daughter Nargiz, 31.
The documents show that in 2016 CNBIOM had concerns about the “related legal entities” associated with Mahmudov, which are related to Britannia Group Ltd.
Subsequently, the bank, together with the Isle of Man Financial Intelligence Unit, required the disclosure of the reason given in a law passed in 2008 on the proceeds of crime.
Between October 2014 and July 2015, a Cayman Islands-based bank said Mahmoudov had contributed nearly $ 14 million to Britannia Group Ltd. pounds
Wikipedia / Eldar Mahmoudov photo
After analyzing the documents, the journalists discovered that the relatives, through related companies identified by CNBIOM, had bought two office buildings in the United Kingdom for € 13.5 million. pounds
The investigation also revealed that Mahmoudov owns shares in a four-story property in the Knightsbridge area of London, bought for $ 17.35 million. pounds
Anar Mahmoudov’s mother-in-law is Zamira Hajiyeva, whose husband Jahangir Hajiyev, president of the State Bank of Azerbaijan, was arrested in 2015 for wasting property.
After Hawaii was charged and Mahmoudov was fired, CNBIOM closed accounts linked to Mahmoudov.
“It is now important to be completely transparent and investigate the source of these investment assets,” said Duncan Hame, UK policy director at Transparency International.
Anar and Nargiz Mahmoudov’s attorneys, Finance Unposed, said the family’s wealth dates back to their ancestor Aslan Ashurov, who accumulated his wealth in the 19th century. They claimed that all the assets of the brothers and sisters had been properly recorded and accounted for and that Mahmoudov was a successful businessman. A letter was found in the leaked documents, in which it was written that A.Mahmudov’s property was inherited from his aunt Elmira Mahmudova, who founded the construction and oil company in Baku.
Furthermore, the investigation found that Mahmoudov also owns real estate and companies in Mallorca, Luxembourg and Lithuania.
The Center for Investigative Journalism “Siena” found that E. Mahmoudov’s family owns 1.7 million properties in Lithuania. He also had residence permits. Permissions are currently revoked.
The Lithuanian study reveals that the Barkas LT and White Cat companies registered in our country are owned by E. Mahmudov’s wife, Tahira Mahmudova, as well as by their sons Anar Mahmudov, Nargiz and Khuraman. Company documents indicate an apartment in Pašilaičiai, Gabijos Street.
[ad_2]
