DUSHANBE, June 4, Asia-Plus - The State Unitary Enterprise Tajikistan Aluminum Company (Talco; formerly Tajik Aluminum Plant or TadAZ) has filed suit in the High Court in London against the United Company RUSAL.
Press release issued by Talco says the company has launched a claim for $500 million for alleged involvement of RUSAL and its affiliates in frauds between 1996 and 2004.
“In May 2003, TadAZ filed suits against nine physical and legal entities, including the former director of TADAZ Abduqodir Ermatov, Tajik businessmen Avaz Nazarov and his company Ansol Limited,” press release said.
Sayohat Qodirova, a spokeswoman for Talco, told Asia-Plus that the company had revealed cases of illegal payments in an amount of several millions US dollars to Abduqodir Ermatov and members of his family. “According to the company administration, these payments were made for the purpose of fraud,” the spokeswoman said, noting that the company administration supposes that the RUSAL top managers were aware of those relations and used that fact in interest of RUSAL.
The company has established that RUSAL and its affiliates encouraged actions aimed against interest of Talco, participating in them through delivery of alumina and other raw materials at too high prices and purchase of aluminum at large discounts, Qodirova said.
Tajikistan sends humanitarian aid to the flood-affected Kazakhstan
Tajikistan presents its tourism opportunities at High-Level Tourism Policy Forum in Korea
Tajik, Kyrgyz border services make joint statement
Russia to be with Taliban along the way? Russia preparing to recognize the Taliban regime in Afghanistan
Iranian media reports say three drones downed after explosions heard in Isfahan
Many regions in Russia impose more and more restrictions on the types of jobs migrants can hold
USAID launches a new US$18 million initiative to boost economic growth in Tajikistan
Tajikistan, Uzbekistan sign the Allied Relations Treaty
Tajik, Uzbek leaders discuss issues of expanding bilateral cooperation between their countries
Tajik-Uzbek Investment Company plans to finance implementation of 14 projects with a total worth of US$135 million
All news
Авторизуйтесь, пожалуйста