A London court seized the funds of Azerbaijani lawmaker Javanshir Feyziyev in a money laundering case.
UK National Crime Agency reports.
According to the investigation, the money in six British bank accounts belonging to Feyziev’s wife, one of his sons and nephew was obtained by criminal means. Investigators found that the funds were laundered through shell companies that operated bank accounts in Latvia and Estonia. At the same time, money transfers were accompanied by fictitious documents.
The court accepted the evidence presented and agreed that a major money laundering scheme was carried out through Azerbaijan, Estonia and Latvia. Also the court allowed authorities to confiscate 5 million pounds ($7.5 million) of a previously frozen 15 million pounds.
In turn, the National Agency insisted in court to confiscate the entire frozen amount. Feyziev’s family will be returned £10 million.
Javanshir Feyziyev is a current member of the Azerbaijan parliament, Chair of the UK-Azerbaijan All Parliamentary Co-operation Committee, and Co-chair of the EU-Azerbaijan Parliamentary Co-operation Committee.
