The largest Israeli manufacturer of aerospace and aviation has transferred $ 155 million to two companies that have been used as a secret and protected funds for Azerbaijan's ruling elite, according to a new leak of information on bank documents. "The Times of Israel" touched upon the topic.
Deutsche Bank has sent several reports to the US government in connection with suspicious violations related to the payments of the Israeli state-owned aerospace industry in 2012-14, the information of which was revealed due to a data leak.
"It is not clear why the Israeli largest state-owned aerospace manufacturer paid the two companies, but the payments have cast doubt on the management of Deutsche Bank, which oversees suspicious money laundering or terrorist financing transactions", the Israeli journalist said.
There are thousands of documents in leaked data, containing $ 2 trillion worth of corrupt deals, that have been laundered through US financial systems. This was reported by The Guardian.
The two companies mentioned in the report of Deutsche Bank, Jetfield Networks and Larkstone Ltd, received $ 155 million transferred by the Israeli aerospace company.
Jetfield Networks was founded in New Zealand in 2009 and has been operating in the Marshall Islands since 2012. According to the official data of the company, it is engaged in trade, sale of construction equipment. According to the information received, the beneficiary of the company is Javid Huseynov, an Azerbaijani, born in 1961, who is also a beneficiary of Larkstone Ltd. This company operates in Estonia.
During the company's operations in the Marshall Islands, the Israeli aerospace company signed a $ 1.4 million contract with the Azerbaijani authorities. The journalist notes that the two countries had close but cautious relations. Israel bought oil from Azerbaijan, and Azerbaijan bought weapons and agricultural equipment from Israel.
A journalistic investigation revealed that months after signing a major contract with the Azerbaijani government, the Israeli aerospace company transferred money in June 2012. The journalist notes that the transfer of money to Jetfield Networks began in 2012 - about $ 30 million. Another $ 6 million was transferred in October.
Deutsche Bank reports that by 2014, more than $ 116 million had been transferred to Jetfield Networks accounts.
Jetfield and Larkstone companies were discovered in 2017 as part of the Organized Crime and Corruption Detection Project, which became the main link in revealing the so-called "Azerbaijani laundromat"
By Marie Kostanyan