Tag: Adnan Ahmadzada
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Azeri Press: British lawyer paid £1 million to take down articles on Adnan Ahmadzada’s companies from the internet
The Azeri press is reporting that a British lawyer called Tim Maltin of MaltinPR (no relation to Malta) was paid up to £1 million to take down articles about Adna Ahmadzada’s companies from the internet. The Azeri press is reporting that Tim Maltin was delegated to address articles about Oilmar DMCC and Maddox DMCC, both…
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The Maltese Herald featured in a new Swiss investigation on Alkgaesta
The Maltese Herald has been featured in a new investigation on Alkgaesta: Malta’s largest oil bunkerer. The secret-owner of the Azerbaijani oil trading cony based in Malta, Adnan Ahmadzada was arrested last year in Azerbaijan over oil fraud. He is suspected of trafficking Russian oil and mixing Russian oil with other oil products. The new…
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Alkagesta announces €15 million credit line from FIMBank
Alkagesta, Malta’s largest oil cargo-handler, has acquired a credit line of $15 million from FIMBank. The company announced this news itself on its website. The credit line is unusual because Alkagesta uses foreign banks for its operations such as Raiffeisen Bank, which is the largest European bank still operating in Russia. Alkagesta is under increased…
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New trading link between Elctrogas/SOCAR clique and Alkagesta emerges
A new connection between the Electrogas/SOCAR clique of traders and Alkagesta, Malta’s largest oil cargo-trader, has emerged thanks to an indirect link found by oil and energy industry press outlet Euro Asia News. The article notes that Maddox DMCC, a commodity trading company in Dubai, lists Russia as one of its major oil suppliers along…
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Azim Novruzov denies being close to Adnan Ahmadzada
In a letter sent to to us by his lawyers in the UK, Azim Novruzov has denied all allegations about him in an ourticle article published here. Azim Novruzov has denied that he is close to Adnan Ahmadzada as we claimed in our previous article. According to Azi Novruzov he only encountered Adnan Ahmadzada on…
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Kamran Agayev, Alkagesta’s frontman, is living in Moscow – Azeri press
Kamran Agayev, who looks like he could have worked as a night-club bouncer, but is actually the official owner of Alkagesta, is living in Moscow, Russia, according to the Azeri press. Despite official records showing that Kamran Agayev is the majority shareholder of Alkagesta, he is widely believed to be fronting his cousin, Adnan Ahmadzada.…
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Alkagesta: Paying 5% taxes (for producing nothing)
In its last posted accounts for 2022, Alkagesta declared in Malta it made a profit of €42.4 million and paid just just €2.1 million in tax. We could confirm from official sources that Alkagesta is paying the low tax-rate of 5% that applies to foreign companies registered in Malta. Alkagesta is being investigated by both…
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First photo of Kamran Agayev emerges in the Azeri press: Alkagesta investigated by Azeri authorities over Russian oil trading
A photo of Kamran Agayev was published for the first time by a major Azeri press outlet called Musavat. Kamran Agayev is the majority shareholder of Alkagesta but is fronting his cousin Adnan Ahmadzada who has been arrested in Azerbaijan over illegal and fraudulent Russian oil-sales. Musavat also published their own investigation on the sprawling…
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The Azeri press confirms that the majority shareholder of Alkagesta, Kamran Agayev, is Adnan Ahmadzada’s cousin
The Azeri press has confirmed a long-held suspicion that the majority shareholder and the actual CEO of Alkagesta, Kamran Agayev, is Adnan Ahmadzada‘s cousin. Orkhan Rustamov is only a front and has no control or influence over the company . Adnan Ahmadzada tried to conceal his ownership of Alkagesta through multiple offshore and shell companies.…
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BREAKING: Alkagesta in Malta is being investigated by the local authorities including the Police
A local and official source ahs confirmed with The Maltese Herald that Alkagesta is being investigated by multiple authorities in Malta including the Police. The source didn’t provide further details. Alkagesta is being investigated for bunkering Russian oil in Malta. The hidden owner of Alkagesta, Adnan Ahmadzada, was arrested in Azerbaijan over oil fraud, and…
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Major pro-government Azeri press outlet confirms that the government is clamping down on Russian oil purchases
A major pro-government press outlet in Azerbaijan has reported on Adnan Ahmadzada arrest and confirmed that his arrest is not an isolated incident but part of a new push by the government to clamp down on the Russian oil trade. The newspaper Haqqin is also reporting that the management of Oilmar, an oil trading company…
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Here’s the document from Dubai proving that Adnan Ahmadzada owns Oilmar
Press sources are stating that Adnan Ahmadzada‘s company Oilmar is being bought by the management after Adnan Ahmadzada was arrested on charges relating to oil fraud. Oilmar is one of the companies that Adnan Ahmadzada owns along with Alkagesta. His ownership of Oilmar is hidden beneath various shell companies and different representatives that front him.…
