Baku swindles Budapest. Sofaz has no plans to invest in Hungarian securities

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03.09.2012, 21:07

Azerbaijani State Oil Fund (SOFAZ) has no plans to invest in securities and other financial instruments in Hungary, Azerbaijani news agencies reported today quoting SOFAZ.

Baku swindles Budapest. Sofaz has no plans to invest in Hungarian securities

YEREVAN, September 3. /ARKA/. Azerbaijani State Oil Fund (SOFAZ) has no plans to invest in securities and other financial instruments in Hungary, Azerbaijani news agencies reported today quoting SOFAZ.

Reports that SOFAZ was going to buy 2-3 USD billions worth Hungarian securities came after the release of Azerbaijani officer Ramil Safarov, convicted in Hungary to life in prison for killing an Armenian colleague, Gurgen Margarian.

Ramil Safarov, an Azerbaijani army Lt. convicted by a Hungarian court to life in prison for killing an Armenian colleague had been sent by Hungary back to Azerbaijan to serve his prison sentence where he was pardoned by Azerbaijani president Ilham Aliyev.

Lt. Ramil Safarov was given a life sentence in 2006 by a Hungarian court after he confessed to killing Lt. Gurgen Margarian, an Armenian, while both were in Hungary for a 2004 NATO language course.

Azerbaijan’s president decision prompted Armenia to suspend diplomatic ties with Hungary. -0-

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