As part of ongoing supervisory measures by the Central Bank of Azerbaijan (CBA), officials of two pawnshops and one leasing company have been held administratively liable. This was reported by the CBA.
The supervisory measures were related to violations of legislative requirements in the field of combating the legalization of criminally obtained property and the financing of terrorism.
According to the information, by a decision of the Nizami District Court of Baku, an official of TAHK LLC was fined 2,000 manats under Article 598.1.2 of the Code of Administrative Offenses.
In another case, by a decision of the Shirvan City Court, an official of Anex Lombard LLC was fined 2,000 manats under Articles 598.1.1 and 598.1.2 of the Code of Administrative Offenses.
Furthermore, by a decision of the Garadagh District Court of Baku, Azmaş lizinq LLC and its official were held administratively liable. The company was fined 21,000 manats under Articles 598.1.1, 598.1.2, and 598.4 of the Code of Administrative Offenses, while the company's official was fined 3,000 manats.
