The Azerbaijani authorities used shell companies in the UK to launder $2.9 billion of this money went to bribing European politicians, who lobbied the interests of Azerbaijan in the EU and blocked resolutions condemning human rights violations in the former Soviet Republic. To such conclusion the journalists of OCCRP.
From the accounts of these bogus companies also paid personal expenses of senior officials of Azerbaijan. In addition, the accounts of these companies did tens of millions of euros from Russia as a supplier of weapons, Rosoboronexport. Subsequently, the money transferred to the account of the first Vice-Premier of the Republic.
UK companies involved in money laundering, have been registered on figureheads from Azerbaijan. These firms submitted fictitious statements, though via accounts held billions of euros. All of them served in the Estonian branch of the same Bank – Danske Bank. Data about the movement of money in their accounts has received the Danish newspaper Berlingske, the reporters.
Including $1.4 billion came from the account of just one company in the state International Bank of Azerbaijan (IBA). IBA served in 750 thousand citizens of Azerbaijan.
In 2012, Rosoboronexport, Russian arms exporter, which is part of rostec state Corporation, listed nearly $29 million on account of the British company Metastar Invest. This company was registered on the figurehead of Azerbaijan and submitted fictitious statements, which do not reflect the turnover in my Bank account in Estonia.
At least $ 1.8 million from the money transferred by Rosoboronexport, came at the expense of Hungary, which belonged to the offshore company Velasco International. This company, judging by the Panamanian archives, belonged to Orhan Aubova, son of first Deputy Prime Minister of Azerbaijan. In his post Yagub Eyyubov, in particular, oversees the engineering industry.
Money from Rosoboronexport also went to offshore companies related to the business of the family of Azerbaijani President Ilham Aliyev.
In particular, the appointment of certain payments were identified that money from the Russian supplier of arms in transit through British Metastar Invest had to get another offshore firm – Inmaxo Capital. She has acted as a mediator for the export of cement from Russia to Azerbaijan for the construction company Pasha Insaat, part of the holding Pasha Holding. This holding controlled by Arif Pashaev, the father of Mrs. Mehriban Aliyeva and father-in-law of the President of Azerbaijan Ilham Aliyev.