Bank Archives

Terrorist State of Turkey freezes bank accounts of Turkish –Armenian intellectual in exile

August 9, 2017 By administrator

Turkish authorities have frozen bank accounts belonging to Turkish-Armenian intellectual, writer, entrepreneur, and researcher Sevan Nisanyan, Ermenihaber reported.

I kept precautionary savings worth 12 thousand Turkish liras. The Turkish state seized that. It is not a state but a criminal gang,” Nisanyan wrote on Facebook.

To remind, Nisanyan – a staunch critic of the Turkish regime – was arrested and imprisoned in Turkey on Dec. 2, 2014 for carrying out “illegal” construction in his own garden, charges that were so obviously made up by Turkish authorities who had been seeking ways to silence the outspoken scholar and writer.

Nisanyan was allowed to leave prison for one day every three months and simply did not return after his latest sanctioned leave. “The bird has flown. Wish the same for 80 million left behind,” Nisanyan said in a Tweet on July 14, after his escape. According to the latest reports, he applied for political asylum in Greece.

As reported earlier, the Turkish authorities made a decision to demolish the Nisanyan House hotel complex. The decision prescribed demolition of 22 buildings, including the Nisanyan House, that were ‘illegally constructed in the environmental zone’ in Şirince village of Turkey’s Izmir province.

International criminal group appropriates significant amount of money due to malware attacks, Armenia’s NSS reports

February 13, 2017 By administrator

According to the information provided by the National Security Service of Armenia (NSS), a specialized international criminal group is operating in the post-Soviet area. The group embezzles money by submitting emails, which contain malware software. The Press Service of the NSS told Panorama.am about this.

“Underscoring the security of personal data, corporate secrets and financial information the RA National Security Service calls on physical and legal entities to demonstrate healthy suspicion towards the revived emails, to immediately delete the ones received from non-official addresses or of unknown origin, or to undertake other safety measures.

Armenia’s NSS informs that an embezzlement case in the above-mentioned manner has also been uncovered in Armenia. The members of the criminal group composed of foreign citizens have submitted dozens of fake emails containing malware programs to the email addresses of the staff of a commercial bank operation in Armenia. The emails were sent on behalf of a state agency of Armenia. Through the malware the group managed to penetrate into the bank’s local area network and obtained the information stored there.

Later on, remote access software was installed on one of the bank’s servers the application of which has undermined the normal work of the automated teller machines of the bank. Later, after arriving Armenia, the members of the criminal group managed to unlawfully withdraw and appropriate significant amount of money totalling to 133 million AMD from 22 ATMs located in differed parts of Yerevan and Abovyan cities.

The identities of the three individuals responsible for the mentioned crime have been revealed. The individuals have been involved as defendants within the criminal case launched by Armenia’s NSS. International search has been declared against them.

Currently, within the cooperation with foreign competent bodies measures are taken to reveal other people involved in the crime.

The NSS informs that despite their hidden manner, cyber-crimes also leave some ‘traces” behind that allow to completely uncover the illicit mechanism,” the statement of the NSS reads.

Fintegration: New initiative to foster ties between IT and banking sectors

October 28, 2016 By administrator

armenian-it-fintegation (tert.am) Dom-Daniel Company, in collaboration with Microsoft Armenia, the Central Bank and NASDAQ OMS Armenia, has initiated the Fintegration Hecaton in Yerevan to promote cooperation between the financial-banking and IT sectors.
The event title derives its name from a coinage of the words finances, technologies and integration, says Artashes Kalantaryan, the company’s director.
The five-day marathon comprises two rounds. On October 25 and 26, it attracted computer programmers, designers, managers and specialists of the financial-banking sector, to special trainings conducted by leading Microsoft specialists.

“Armenia is an important market for Microsoft, its best proof being the team of trainers. Apart from the trainings these days, Microsoft Europe Director Michael Kogeler and Central and Eastern Europe Director Alexander Lozhechkin are arriving in Yerevan today,” said Liana Korkotyan, the country director of Miscrosoft.

Iraqi Kurdistan government account at Turkey’s Halkbank empty: official

September 8, 2015 By administrator

ERBIL-Hewler, Kurdistan region ‘Iraq’,— Iraqi Kurdistan Region’s finance minister has not transferred money from Turkish Halk Bank to Erbil after finding the government’s accounts empty, a Kurdish official said on Sunday.

Head of Parliament’s Finance Committee Izat Sabir told NRT that Minister Rebaz Mohammed Abdullah was in Turkey last week to conduct the transfer of funds earned from independent oil sales and meet with officials, including Halk Bank Director-General Ali Fuat.

The Kurdistan Regional Government (KRG) Council of Ministers gave authority to the Ministry of Finance and Economic Affairs in June to transfer oil money from international banks back to the region.

Speaking on NRT’s Tawtwe program, Finance and Economic Affairs Committee Deputy Ali Hama Salih said the KRG account at Halk Bank has been empty for over four months.

“The finance minister just renewed the KRG account at Halk Bank in Turkey, and no oil money was in the account,” Salih said.

The region’s Ministry of Natural Resources (MNR) released its August report on Thursday, stating exports reached an average of 472,832 barrels per day (bpd) during the month.

Total exports for the month were listed at 14,657,798 barrels, of which 10,958,817 barrels came from fields operated by the KRG. Fields operated by the North Oil Company (NOC) supplied the remaining 3,698,981 barrels.

Independent oil sales continued in August, “to compensate the Region for the budget shortfalls from the federal government in Baghdad and to continue to pay down debts accumulated in 2014 from pre-payments for direct oil sales,” the MNR statement said.

MNR Minister Ashti Hawrami told NRT on August 24 the KRG began independently selling oil in June and that is had lost $500 million due to attacks inside Turkey on the Kurdistan-Ceyhan pipeline.

In 2013 and according to sources the KRG has backed down from using Turkey’s Halkbank as a mediator for transfers in a deal made for oil exports with Turkey.

Source: eKurd

Iranian businessman hanged over $2.6bn bank fraud

May 24, 2014 By administrator

May 24, 2014 – 16:22 AMT

A businessman involved in embezzling billions of dollars in Iran’s biggest bank fraud case has been executed, state media said, according to BBC News.

Mahafarid Amir-Khosravi was executed at Tehran’s Evin prison on Saturday, May 24.

Amir-Khosravi was convicted over a scam which came to light in 2011 and involved using fake documents to obtain credit, leading to the embezzlement of around $2.6bn.

The case forced the then government to deny its members had been involved.

The case broke in September 2011 when an investment firm was accused of forging documents to obtain credit from at least seven Iranian banks over a four-year period.

The money was reportedly used to buy state-owned companies under the government’s privatization scheme.

The affair fuelled weeks of political infighting between then President Mahmoud Ahmadinejad and Iran’s ruling hierarchy of clerics, with conservative hardliners accusing Ahmadinejad’s economy minister of failing to take action over the fraud.

Rights groups have criticized Iran’s use of the death penalty, saying that it is one of the world’s heaviest users of the punishment.