The wife of the former chairman of a state-owned bank in Azerbaijan who was imprisoned on fraud charges is the target of the UK’s first unexplained wealth order, it can be revealed after reporting restrictions expired on Wednesday.
Zamira Hajiyeva, 55, is married to Jahangir Hajiyev, who from 2001 until 2015 was chair of the International Bank of Azerbaijan until he abruptly resigned, citing health reasons.
In 2016, he was jailed for 15 years by a court in Baku for embezzlement, abuse of office, fraud and various other charges. He was also fined nearly $40m. Mr Hajiyev, 56, denied the charges and his wife’s lawyers have branded the trial as “flagrantly unjust”.
Mrs Hajiyeva was declared “wanted” by the Azeri authorities.