LEADING AZERI COMPANY SELLS CONTROL STOCK TO “WRONG” COMPANY
news.am
Oct 14 2010
Armenia
Representatives of the French insurance company AXA Group caused
confusion among Azerbaijani journalists by publicly announcing in
Baku that the company was paying compensations to the descendants of
Armenian Genocide victims.
The APA News Agency reports that Frederick Flegeur, Director for new
markets development, Ð~PÐ¥Ð~P MedLa Region stressed that the company
has no intention to comment on the past.
AXA Group paid a total of â~B¬12.7m to 7,000 Armenians. Earlier it
paid compensations to the descendants of Jewish Holocaust victims.
The point is that the leading Azerbaijani insurance company MBASK
and AXA Group (France) have signed an agreement on the sale of the
former’s control stock (51%) to the latter.
NEWS.am reminds readers that Azerbaijan is denying the Armenian
Genocide in Ottoman Turkey eve more vigorously than Turkey itself.
From: A. Papazian
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