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Political
Vugar Abbasov
Max bal. CHF 7,955,738
Country Azerbaijan
Credit: Cehan Holding
Description

President of Cahan Holding, a major conglomerate in the Autonomous Republic of Nakhchivan in Azerbaijan. For years rumors have swirled that the company is controlled by the family of Vasif Talibov, who has ruled the enclave with an iron fist for nearly three decades.

In 2008, Abassov founded a bank with several members of the Talibov family. The following year, he opened a Credit Suisse account that received transfers from shell companies which were used in major “laundromat” fraud schemes previously discovered by OCCRP.

Read OCCRP’s investigation about the Talibov family and their accounts.

Credit: Cehan Holding
Account type
Account open
Max account bal.
On Jan 1st 2022 100 CHF = 110 USD
Key events
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Establishment of Cahan Holding
NakhchivanBank founded
Questions about Cahan