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Baku Cons Hungary: Azerbaijan Backs Off On Buying Hungarian Securiti

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  • Baku Cons Hungary: Azerbaijan Backs Off On Buying Hungarian Securiti

    BAKU CONS HUNGARY: AZERBAIJAN BACKS OFF ON BUYING HUNGARIAN SECURITIES

    PanARMENIAN.Net
    September 3, 2012 - 20:02 AMT

    PanARMENIAN.Net - Azerbaijani State Oil Fund (SOFAZ) has no plans
    to invest in securities and other financial instruments in Hungary,
    it said, according to Trend News.

    Information on the purchase of Hungarian securities by Azerbaijan
    came after the release of Azerbaijani officer.

    According to earlier reports, Ramil Safarov, convicted in Hungary
    over the murder of Armenian lieutenant was extradited to Azerbaijan
    in exchange for Azeri purchase of Hungarian securities worth Euro
    2-3 billion.

    SOFAZ slammed the report as "false." Azeri sources, however, report
    that Safarov was extradited following a certain "deal" struck between
    Hungary and Azerbaijan.

    Safarov, the Azerbaijani army officer who was serving a life sentence
    in Hungary for axing to death Armenian Lt. Gurgen Margaryan, was
    extradited to Azerbaijan and pardoned by Azerbaijani President
    Ilham Aliyev.

    Official Yerevan reacted by suspending diplomatic ties with Hungary.

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