AtaHolding LLC
AtaHolding LLC (formerly AtaHolding OJSC) is an Azerbaijani financial conglomerate.[544] [329] Between 2013 and 2014, it was majority owned (51%) by Hughson Management Inc,[252] a Panamanian company controlled by Leyla and Arzu Aliyeva.[25] [23] The other shareholders at that time were Asbet Limited, which owned 25%, and Clonmel International Inc., which owned 24%.[252] […]
Globex International LLP
Globex International LLP was an entity registered in the UK.[758] It was controlled by three companies registered in Panama: Arblos Management Corp, Hising Management S.A., and Lynden Management Group Inc.[681] [34] [21] [29] Leyla and Arzu Aliyeva and their Swiss business associate Olivier Mestelan were directors of all three.[21] [29] [27] [301] [32] Globex […]
Arbor Investments Limited
Arbor Investments Limited was a company registered in the British Virgin Islands.[712] [851] Arzu Aliyeva was a shareholder and director.[712] Hassan Gozal, an Azerbaijani businessman and Aliyev family business associate, was also a director.[712] [556] [1204] The company was registered by Portcullis TrustNet,[712] a Singapore-based offshore service provider whose records were leaked to the International […]
Plato Capital
Plato Capital is a Dubai-based investment fund founded by Farnoush Farsiar-Aidi, a British-Iranian private banker.[209] Plato Capital is associated with a company in Azerbaijan called Plato Capital and Co. Investment Company OJSC,[1033] which owns a 4.8% stake in the Baku Stock Market.[1032] The shareholders of this associated Azerbaijani company are Plato Capital International […]
Gilan Holding LLC
Gilan Holding LLC is a major Azerbaijani conglomerate operating in construction, tourism, agriculture, logistics, consumer goods, sports clubs, and stadiums.[684] The conglomerate owns Gabala FC,[685] a football club in Azerbaijan’s mountainous north.[998] Founded in 2005,[517] Gilan Holding was believed to be closely linked to Azerbaijan’s emergency situations minister, Kamaladdin Heydarov.[686] However, investigations found […]
Hughson Management Inc.
Hughson Management Inc. was a company registered in Panama whose directors were Leyla and Arzu Aliyeva.[662] [25] [23] Swiss lawyer Olivier Mestelan signed the incorporation documents,[186] which were prepared by Morgan & Morgan,[662] [25] a Panama law firm.[639] Comset Services Ltd. was the company secretary.[25] [23] In 2014, the company owned 51% of […]
Greenock Management Corp.
Greenock Management Corp. is a company registered in Panama.[38] Between 2006 and 2019, Arzu and Leyla Aliyeva were the directors.[39] The company documents were prepared by Morgan & Morgan,[38] [39] a Panama law firm.[639] Olivier Mestelan was a director and the company secretary from 2006 to 2013,[39] [40] when he was replaced by Exmont Resources,[40] […]
Grinnell Management Inc.
Grinnell Management Inc. was a company registered in Panama.[43] Leyla and Arzu Aliyeva were the directors,[43] [45] [110] and Comset Management was the company secretary.[43] [45] [110] The company documents were prepared by Morgan & Morgan,[43] [45] a Panama law firm.[639] Grinnell was one of three Panamanian companies linked to Azerfon,[522] a major […]
Gladwyn Management Inc.
Gladwyn Management Inc. was a company registered in Panama.[49] Swiss lawyer Olivier Mestelan signed the incorporation documents, which were prepared by Morgan & Morgan,[49] [48] a Panama law firm.[639] In 2015, Leyla and Arzu Aliyeva were the directors,[48] and Comset Management was the company secretary.[48] Gladwyn was one of three Panamanian companies linked […]
Lustin Holding S.A.
Lustin Holding S.A. was a company registered in Panama.[61] Leyla and Arzu Aliyeva were directors, along with their mother, Mehriban Aliyeva.[63] [59] [60] The company documents were prepared by Morgan & Morgan,[61] [63] a Panama law firm.[639] The company was suspended in 2021.[117]
