A journalistic investigation has revealed that Azerbaijani President Ilham Aliyev’s children used a network of offshore companies as cover for multimillion-dollar investments.
GeoProMining is an international precious metals mining company. It was founded by Russian businessman Siman Povarenkin, with a local partner in Georgia, Koba Nakopia. The company has damaged environments in Georgia, Armenia, and Russia while mining gold and other precious metals.
Thanks to close contacts in local governments, the gold mining enterprise and its subsidiaries have never been seriously penalised. Local governments either don’t investigate major environmental pollution incidents or they don’t publish the investigation results.