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AZERBAIJANI STATE FUND DENIES BUYING HUNGARIAN GOVT SECURITIES
Interfax
Sept 4 2012
Russia
The State Oil Fund of Azerbaijan denied reports that it has bought
securities issued by the Hungarian government and said it does not plan
to invest in any securities or other financial instruments of Hungary.
The State Oil Fund said in a statement that information should be
verified with the fund prior to the publication of such false reports.
The reports that the fund had supposedly invested in Hungarian
government securities emerged after the extradition of Azerbaijani
officer Ramil Safarov, who was sentenced to life in prison by a
Budapest court for the killing of Armenian officer Gurgen Margarian.
The State Oil Fund of Azerbaijan accumulates revenue from the sale
of oil contracts, including the sale of the state's profit oil,
transit tariffs for transporting oil and gas through the country,
leasing of state property, etc.
Interfax
Sept 4 2012
Russia
The State Oil Fund of Azerbaijan denied reports that it has bought
securities issued by the Hungarian government and said it does not plan
to invest in any securities or other financial instruments of Hungary.
The State Oil Fund said in a statement that information should be
verified with the fund prior to the publication of such false reports.
The reports that the fund had supposedly invested in Hungarian
government securities emerged after the extradition of Azerbaijani
officer Ramil Safarov, who was sentenced to life in prison by a
Budapest court for the killing of Armenian officer Gurgen Margarian.
The State Oil Fund of Azerbaijan accumulates revenue from the sale
of oil contracts, including the sale of the state's profit oil,
transit tariffs for transporting oil and gas through the country,
leasing of state property, etc.