Central Bank of Azerbaijan Presci The illegal activities of the money transfer system MoneyGram in Karabakh since 2008 and today no bank is in business relationships with this remittance system. According to Sputnik Azerbaijan, this is stated in the official statement of the Central Bank.
“The Central Bank of the Republic of Azerbaijan, together with the relevant departments, has always paid attention to measures to combat illegal financial and banking operations in the occupied territories of the country as part of its consistent activities to ensure reliable financial intermediation. In this regard, serious measures were taken on facts, Revealed at different times, and adopted appropriate measures for the immediate termination of these operations, “the CBA reports.
According to the statement of the department, recently in social networks has spread information about the fact of payments through the money transfer system of MoneyGram, illegally acting in the occupied territories of Azerbaijan to the 44-day Patriotic War.
“MoneyGram money transfers at different times acted illegally in the occupied territories of the Republic of Azerbaijan, and from the moment of discovering this fact, appropriate measures were taken to stop the activities of the system. As a result, the money transfer system MoneyGram was prohibited from work in the Republic of Azerbaijan with 2008, and today no bank has business relationships with a money transfer system, “the Central Bank says.