“Radio Liberty”: Montenegro is in outrage for SOCAR’s penetration
into local business
15:08 16/03/2013 » SOCIETY
In connection with the recent official visit of Azerbaijani President
Ilham Aliyev to Montenegro the Azerbaijani service of Radio Liberty
published an article, which reflects the indignation of the opposition
in Montenegro, caused by the penetration of the State Oil Company of
Azerbaijan in the business environment of this Balkan country.
“Taking into consideration the corruption in the privatization process
that is carried out by our government, we accepted the statement of
the Government of Montenegro with great concern on the achievement of
a specific agreement with the State Oil Fund of Azerbaijan,” the
pro-opposition leader of the “Movement for Change” Nebojsa Medojevic
said in an interview with the Azerbaijani service of Radio Liberty.
According to him, SOCAR is known as a company that is not specifically
seeking to participate in anti-corruption activities. “We are
confident that our Minister of Foreign Affairs, that conducts
negotiations from our side on this issue, will be involved in some
corruption cases in connection with the agreement. Therefore, we will
closely monitor the implementation of this agreement,” Medoevich said.
According to the publication, SOCAR intended to invest in the
territory of Kumbora 52 million Euros in the first 4 years, which will
make 258 million over eight years in general. In addition, the radio
station reminds that NCH Capital located in the U.S. lost to SOCAR in
the tender, though the U.S. company bids were far preferable proposals
for SOCAR, 2 Euros for the lease of 1 square meters and 5.1% of
profit, while SOCAR offered 1 Euro per 1 sq. m. for rent and 5% of
profit.
At first `NCH Capital’ officially complained to the authority
conducting the tender. However, the Privatization Council of
Montenegro didn’t considered the appeal, arguing that the complaint
was delayed. “You will not hear that BP or Exxon is building resorts.
There are some other reasons,” the American Company stated.
“Radio Liberty” reminds that the Azerbaijani side has denied the
allegations before.
Source: Panorama.am
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
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