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Baku: Despite NBA's Ban, Money Transfers Via MoneyGram System Contin

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  • Baku: Despite NBA's Ban, Money Transfers Via MoneyGram System Contin

    DESPITE NBA'S BAN, MONEY TRANSFERS VIA MONEYGRAM SYSTEM CONTINUED IN AZERBAIJAN

    Today.Az
    16 August 2008
    Azerbaijan

    Despite the ban of the National Bank of Azerbaijan, local post offices
    still conducted monetary transfers via MoneyGram system.

    The newspaper had on hand the cheques, issued by a post office, about
    conduction of monetary transfers by this system, dated August 11 and
    12, when the ban of the head bank of the country was still in power.

    It means that the communication enterprises ignored the prohibition
    of the National Bank of Azerbaijan and carried operations by the
    system of transfers, which challenged the sovereignty of Azerbaijan,
    against the interests of the Azerbaijani statehood.

    At the same time, according to an official of the post office, the
    operations via MoneyGram did not stop.

    According to spokesman for the National Bank of Azerbaijan Kamran
    Nazarli, the National Bank has officially expressed its attitude
    to these events, posting the decision passed on its website. In
    particular, the National Bank of Azerbaijan resumed operations with
    WesternUnion and MoneyGram systems from August 14 of 2008. According
    to the internationa, posted on the website of the head bank of
    the country, on July 30 of 2008, the National Bank prohibited
    the Azerbaijani banks to hold operations in the framework of these
    monetary transfers system. As is known, the prohibition was applied
    due to the information about the cooperation of these monetary systems
    with Khankendi (Nagorno Karabakh).

    Western Union website has previously showed that four Armenian banks
    received and sent monetary transfers in "Stepanakert". At the same
    time, the website fixes that this city is the so-called "capital"
    of the unrecognized "Nagorno Karabakh Republic".

    As is noted, vice president of Western Union Johnathan Knaus who
    visited Baku on August 7, recognized that on the whole, the operations
    on monetary transfers in the occupied lands of Azerbaijan are illegal
    during the meeting with his Azerbaijani colleagues. At the same time,
    he undertook responsibility for averting such cases in the future. The
    same responsibility was also taken by MoneyGram. Therefore, the
    National bank of Azerbaijan lifted the ban on conducting operations.

    In turn, according to deputy Panah Huseyn, the MoneyGram system was
    allowed to hold operations in Azerbaijan earlier than Western Union
    as this company guaranteed correction of the mistake. "Anyway, if
    the National Bank of Azerbaijan had banned conduction of operations
    via this system of transfers, non-observance of this requirement is
    odd. If operations were carried during the ban, the official circles
    should clarify the issue".

    earlier, as head of the postal department of Ministry of Communication
    and Information Technologies Novruz Mamedov noted, "we have not
    concluded a contract on monetary transfers directly with Western
    Union. The monetary transfers by this system were conducted by the
    line of Parabank (which is an official distributor of the monetary
    transfer system in Azerbaijan)". As for MoneyGram, Mamedov said
    the postal system in Azerbaijan in fact does not operate with this
    transfer system. "We have conducted the e-transfers in the framework
    of the international transfers system of the World Postal Union,
    called Stefi. We have contracts with 7 countries in the framework of
    this system and we plan to expand this net of cooperation.

    The Ministry of Communication and Information Technologies was unable
    to explain the origin of the cheques.

    As was repeatedly noted, "operation" of some companies, dealing with
    monetary transfers in the occupied lands of Azerbaijan, contradicts to
    international law and is, therefore, illegal. Therefore, after the
    reaction of the Azerbaijani side, these companies have suspended their
    activity in the territory of Nagorno Karabakh. But nongovernmental
    circles are concerned that this step can be taken temporarily to
    calm down the Azerbaijani side. These companies may resume such
    illegal activity after Azerbaijan calms down. In order to fully
    avert such illegal activity, Azerbaijan should develop a single
    concept. Specialists consider it necessary to carry out a coordinated
    work between the state structures, in particular, the Ministry of
    Foreign Affairs and on the level of a parliament. The importance of
    allocating funds for financing mechanism of reveal, filing a claim
    against the companied, operating in the occupied lands of Azerbaijan
    and challenging the country's territorial integrity, was stressed.
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