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The contract for the Chovdar gold field in western Azerbaijan, worth an estimated $2.5 billion, was awarded in an opaque process in 2007 to a U.K. consortium, AIMROC, that was hastily created for the project. Newly discovered documents now reveal that AIMROC is actually a shell company controlled by companies tied to President Ilham Aliyev’s daughters…[READ MORE]
Ilham Aliyev’s daughters, Arzu (left) and Leyla, are listed as senior managers at the Panamanian-registered companies.
