KPMG Azerbaijan's statement regarding alleged business activities in Nagorno-Karabakh
KPMG Azerbaijan's statement regarding Nagorno-Karabakh
KPMG Azerbaijan's statement regarding alleged business activities in Nagorno-Karabakh
KPMG Azerbaijan's statement regarding alleged business activities in Nagorno-Karabakh
In relation to information recently circulated in certain media (including social media) about alleged business activities in Nagorno-Karabakh, KPMG wishes to point out that KPMG has no – and has not had – any physical presence in Nagorno-Karabakh. Furthermore, in early 2016 KPMG in the CIS adopted and implemented policies, which restrict operations in conflict zones. Amongst others, the policies prohibit its various regional member firms to contract with entities in Nagorno-Karabakh and also prohibit KPMG persons’ work in and travel to Nagorno-Karabakh.
KPMG Azerbaijan is a member of the KPMG network of independent member firms. KPMG in the CIS affirms that it respects international law as well as the laws and regulations of all countries, in which it operates, and KPMG in the CIS is fully committed to observing the applicable legislation of the Republic of Azerbaijan.
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Statement by Vugar Aliyev, former managing partner of KPMG in Azerbaijan, concerning misallegations regarding participation in the audit of banks in Nagorno Karabakh
My fellow citizens, Recently, my name has begun to figure in information, which bears no relation to reality and which thoroughly outrages me as a person and as a citizen of my country. It causes me immense sorrow that certain publications feel themselves free to play fast and loose with the facts and to distort the information they report, thereby misleading their readers. It is out of respect for these readers that I am making this statement...