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.
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...
© 2018 KPMG Azerbaijan Limited, a company incorporated under the Laws of the Guernsey, acting through its Representative Office in the Republic of Azerbaijan, a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in Azerbaijan.
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.