Among the braodscale corruption and embezzlement surfacing during the trial of Ramin Isayev (also known as Ramin Ali Hakan), a new piece of evidence in the chain of corruption has surfaced.

It appears that Isayev, the former CEO of SOCAR AQS, embezzled approx. $150,000 from the company through a series of bank transfers between 2017 and 2018. Some of the transfers that have surfaced so far include the following:

26.02.2018 – USD 27 578.50

03.04.2018 – USD 24 700

18.05.2018 – USD 27 000

06.06.2018 – USD 9 480

11.06.2019 – USD 27 000

04.10.2018 – USD 9 700

21.08.2017 – USD 6,600

24.07.2017 – USD 6,600

05.10.2017 – USD 6,600

08.09.2017 – USD 6,600

The following is an example of one of the bank transfer requests, signed by Isayev, transferring $24,700 from SOCAR AQS’s account to his personal account.

Isayev is currently on trial for fraud embezzlement and money laundering of 54 million USD. His case is being tried in the Baku Court of Serious Crimes.