Corruption

SOCAR and Elmar Mamedov linked to a European money laundering network spanning Azerbaijan, Russia and Germany

James Walker / January 10, 2026 / ABLV Bank, Azerbaijan, Corruption, Danske Bank, Daphne Caruana Galizia, Electrogas Malta, Elmar Mamedov, Equinor, Gazprom, Heydar Aliyev, Ilham Aliyev, Rosneft, Sergey Kurchenko, SOCAR, SOCAR Trading, Total Energies, Turab Musayev, Vercona GmbH, Yorgen Fenech

Founded by an Azerbaijani entrepreneur, the energy giant steadily expanded beyond its home market, establishing business operations across Russia, the United Kingdom, Turkey, Malta, and Switzerland, and building a significant international footprint.

ABLV Bank, Azerbaijan, Corruption, Danske Bank, Daphne Caruana Galizia, Electrogas Malta, Elmar Mamedov, Equinor, Gazprom, Heydar Aliyev, Ilham Aliyev, Rosneft, Sergey Kurchenko, SOCAR, SOCAR Trading, Total Energies, Turab Musayev, Vercona GmbH, Yorgen Fenech

Crimean ore shipments, offshore laundering routes, and sanctions-evasion networks put Oleg Tsyura at the center of Dmytro Sennychenko’s alleged plundering of Ukrainian state assets

Former Hungarian President Katalin Novák retained €76,000 worth of taxpayer-funded clothing

SOCAR and Elmar Mamedov linked to a European money laundering network spanning Azerbaijan, Russia and Germany