Central bank fines a Turkish company

17:14 - 16.05.2023


May 16, Fineko/abc.az. A fine has been issued to the Azerbaijani branch of Aslanoğullari Endüstriyel Mutfak Tesisat Imalat Gida Tekstil Ithalat Ihracat Sanayi ve Ticaret LTD.

ABC.AZ reports that an administrative protocol has been drawn up against the company under Article 430.4 of the Code of Administrative Offences (for non-return of foreign currency funds paid from abroad in cases when, in exchange for foreign currency funds paid in advance, the relevant goods were not imported, work was not done or services were not provided within the time limits established by law).

The protocol was drawn up by the Central Bank.

The protocol has been sent to the Narimanov District Court for approval.

The case was referred to Judge Khalida Alice.

A trial will take place in the coming days.

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