Announcement

Collapse
No announcement yet.

Azerbaijan leader linked to Dubai real-estate deals

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Azerbaijan leader linked to Dubai real-estate deals

    Seattle Times , WA
    March 13 2010


    Azerbaijan leader linked to Dubai real-estate deals

    An Azerbaijani schoolboy with the same birth date and the same name as
    the son of that nation's president is the owner of nine waterfront
    mansions in Dubai. From the Azerbaijan government: no comment.

    By Andrew Higgins
    The Washington Post


    Palm Jumeirah is a Dubai development on a man-made island in the shape
    of a palm tree. $75 million in real estate here is linked to members
    of the family of Azerbaijan's president.
    DUBAI, United Arab Emirates ' Even by the standards of a city that
    celebrates extravagance, it was a spectacular shopping spree: In just
    two weeks last year, an 11-year-old boy from Azerbaijan became the
    owner of nine waterfront mansions.

    The total price tag: about $44 million, or roughly 10,000 years worth
    of salary for the average citizen of Azerbaijan. But the preteen seems
    to be anything but average.

    His name, according to Dubai Land Department records, is Heydar
    Aliyev, which happens to be the name of the son of Azerbaijan's
    president, Ilham Aliyev. The owner's date of birth, listed in property
    records, is also the same as the son's.

    Officials in Baku, the capital of Azerbaijan, declined to comment on
    how the president's son ' or at least an Azerbaijani schoolboy with
    the same birth date and the same name as the son's ' came to own
    mansions on Palm Jumeirah, a luxury real-estate development popular
    with multimillionaire British soccer stars and others with cash to
    burn.

    Ilham Aliyev's annual salary as president is the equivalent of
    $228,000, far short of what is needed to buy even the smallest Palm
    property.

    Azer Gasimov, the president's spokesman, declined to discuss the Dubai
    real-estate purchases.

    Azerbaijan, a former Soviet republic blessed with plentiful oil and
    gas reserves yet blighted by widespread poverty outside its glitzy
    capital, has long had a reputation for corruption.

    The Dubai purchases, which have not been reported before, could
    provide a rare concrete example of just how much money the governing
    elite has amassed and of the ways in which at least part of this
    wealth has been stashed overseas.

    The transactions sharpen a dilemma that has shadowed Washington's
    relations with Azerbaijan for years: how to reconcile U.S. security
    and energy interests in the oil-rich Caspian Sea nation with what the
    State Department, in a report last year on human rights around the
    world, described as the "pervasive corruption" of its increasingly
    authoritarian regime.

    Azerbaijan has sent troops to support U.S. democracy-building efforts
    in Afghanistan and Iraq, but at home has retreated steadily from
    democratic practices, according to diplomats and experts on the
    region.

    Transparency International, in a 2009 survey of global corruption,
    ranked Azerbaijan at 143 out of 180 nations.

    In addition to recording nine properties owned by Heydar Aliyev, the
    now-12-year-old schoolboy, Dubai's Land Department also has files in
    the names of Leyla and Arzu Aliyeva.



    President Aliyev has two daughters with the same names and roughly the
    same ages. Their exact dates of birth could not be established, but
    various reports indicate Leyla's birthday is the same as that of the
    Azerbaijani woman who figures in the Land Department records.

    In all, Azerbaijanis with the same names as the president's three
    children own real estate in Dubai worth about $75 million, property
    data indicate.

    Dubai real-estate dealers with knowledge of some of the transactions
    said the purchases were made by a buyer representing Azerbaijan's
    ruling family. The dealers said the properties were paid for upfront.

    Ali Kerimli, chairman of the opposition party Azerbaijani Popular
    Front, said, "We all know that our country is one of the most
    corrupt." But when told about the Dubai purchases, he said he was
    surprised at the apparent lack of effort to conceal them.

    Azerbaijan's leaders, Kerimli said, "face no danger" because the
    judiciary, anti-corruption bodies and most of the country's media
    outlets are firmly under their control.

    The rush to move assets overseas is a common feature of many
    oil-producing nations, where corrupt elites seek to ensure their
    wealth is safe just in case political winds at home change.

    The phenomenon is part of the "resource curse," an ailment that has
    deformed the economies and politics of corruption-addled,
    oil-producing nations from Nigeria to Venezuela.

    Kerimli said Washington paid too much attention to security and energy
    issues and thus "sent a signal to our country that democratic reform
    is not important."

    When then-Vice President Dick Cheney visited Baku in 2008, he not only
    held talks with President Aliyev focused on energy but also met with
    executives of BP and the U.S. oil company Chevron, both of which have
    operations there. Azerbaijan and the United States, Cheney said, "have
    many interests in common."

    The Obama administration has also focused on strategic issues in its
    relations with Azerbaijan.

    On a visit to Baku in February, William Burns, undersecretary of state
    for political affairs, praised Azerbaijan for supporting the United
    States in Afghanistan and trumpeted the role of a U.S.-backed oil
    pipeline from Baku to Turkey that broke Russia's stranglehold on
    energy exports from the Caspian Sea.

    Burns avoided direct criticism of Azerbaijan, noting only: "We also
    believe that the strengthening of democratic institutions, rule of law
    and respect for human rights will have a positive effect on the future
    of this country."

    The Aliyev government and its supporters, meanwhile, have tried to
    burnish their image, sponsoring trips to Baku by prominent foreigners
    and hiring lobbyists to trumpet the country's achievements.

    David Plouffe, President Obama's former election-campaign manager,
    visited Baku last year to deliver a paid-for speech; a few months
    later came former British Prime Minister Tony Blair, who also received
    a fee to speak. Plouffe declined to comment about his trip.

    Azerbaijan, which became an independent nation with the collapse of
    the Soviet Union in 1991, has been ruled almost continuously by the
    same family. Aliyev took over from his father, Heydar Aliyev,
    president from 1993 until his death in 2003.

    The family's long grip on power has provided a measure of stability
    and energy-fueled economic growth in a country that shares borders
    with Iran and Russia. But it has also left Azerbaijan riddled with
    graft and a culture of impunity.

    http://seattletimes.nwsource.com/html/n ationworld/2011333103_azerbaijan14.html
Working...
X