Baku cons Hungary: Azerbaijan backs off on buying Hungarian securities![]() September 3, 2012 - 20:02 AMT PanARMENIAN.Net - Azerbaijani State Oil Fund (SOFAZ) has no plans to invest in securities and other financial instruments in Hungary, it said, according to Trend News. Information on the purchase of Hungarian securities by Azerbaijan came after the release of Azerbaijani officer. According to earlier reports, Ramil Safarov, convicted in Hungary over the murder of Armenian lieutenant was extradited to Azerbaijan in exchange for Azeri purchase of Hungarian securities worth Euro 2-3 billion. SOFAZ slammed the report as “false.” Azeri sources, however, report that Safarov was extradited following a certain “deal” struck between Hungary and Azerbaijan. Safarov, the Azerbaijani army officer who was serving a life sentence in Hungary for axing to death Armenian Lt. Gurgen Margaryan, was extradited to Azerbaijan and pardoned by Azerbaijani President Ilham Aliyev. Official Yerevan reacted by suspending diplomatic ties with Hungary. ![]() Gurgen Margaryan On February 19, 2004, Lieutenant of the Armenian Armed Forces Gurgen Margaryan, 26, was hacked to death, while asleep, by a fellow Azerbaijani participant, lieutenant Ramil Safarov, in Budapest during a three-month English language course in the framework of Partnership for Peace NATO-sponsored program. In accordance with Budapest District Court sentence dated April 13, 2006, Ramil Safarov was life imprisoned for murdering the Armenian officer. Partner news President Sahakyan stressed the combat readiness of Artsakh defense among key factors in the country’s security and state building. “The above mentioned NGOs’ participation in the forum is only possible as a part of Azerbaijani delegation,” ANP said. The military academy will be named after legendary commanders of Armenian origin Alexander Suvorov and Valerian Mandatov. French Co-Chair of the OSCE Minsk Group Jacques Faure said the co-chairs are not planning a visit to Nagorno Karabakh. Partner news |