Criminal case initiated against officials of Azerbaijan State Economic University

Criminal case initiated against officials of Azerbaijan State Economic University
The material received from the Chamber of Accounts on the outcome of the audit of forecasting and execution of funds allocated from the state budget and extra-budgetary revenues was investigated by the General Directorate for Combating Corruption at the Prosecutor General's Office.
 
The initial investigation revealed substantiated suspicions that during the inspection period from 18 May 2012 to 1 April 2014, officials and other responsible persons of the university abused their powers and committed serious offenses which resulted in serious consequences related to registration and collection of tuition fees and their transfer to bank accounts, recording of debtor-credit debts on tuition fees, as well as large amount of funds were not recorded, the Prosecutor General’s Office told APA.
 
A criminal case was initiated on these facts under articles 308.2 (abusing official powers entailed heavy consequences) and 179.3.2 (assignment or waste in large size) of the Criminal Code of the Republic of Azerbaijan.  
 
The necessary operational and investigative measures are continuing fully and thoroughly investigate the illegal actions in the case, identify those found guilty, bring them to justice and ensure reimbursement of the damage.
 

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