[7] He faced charges under Articles 179.3.1 and 179.3.2 (misappropriation of a large amount of money by an organised group), 308.2 (abuse of official powers resulting in serious consequences), 309.2 (exceeding officials powers resulting in serious consequences), 313 (service forgery), and 228.1 and 228.4 (illegal acquisition, transfer, selling, storage, transportation or carrying of a weapon, its accessories, ammunition or explosives) of the Criminal Code of Azerbaijan.
On October 14, 2016, a Baku court sentenced former chairman of the board of the International Bank of Azerbaijan (IBA) Jahangir Hajiyev to 15 years imprisonment for grave crimes.
This is considered to be one of the factors that caused a drop in macroeconomic indicators of the country, since the laundered amount makes up approximately 25% of Azerbaijan's average GDP for 2016/2017.
[10] Reportedly, after being allocated by the bank, money was almost completely laundered and transferred abroad to the personal accounts of Hajiyev, his relatives and counterparts.
[12] Hajiyev is married to Zamira Hajiyeva, the first person to receive an Unexplained Wealth Order, under a new UK anti-corruption law.
[13] In September 2019, the Azerbaijani government's request for her extradition was denied by the British Magistrates' court due to a "real risk" that she could suffer a "flagrant denial of justice".