Owner of McDonald's in Azerbaijan Charged with $230 Million Money Laundering

The owner of McDonald's in Azerbaijan has been charged with $230 million in money laundering. This was reported by the 'Baghramyan26' Telegram channel, citing Mikroskop Media.

The National Crime Agency of the UK has determined that British businessman Javad Morandi, of Iranian descent, received $230 million from offshore suspicious companies.

The businessman is not only part of the 'Azerbaijani laundromat' but also has a significant business presence in Azerbaijan. He owns the McDonald's franchise in the country, which operates more than 20 restaurants, as well as a tobacco business and acts as a distributor for international brands. Additionally, he has been a managerial partner in the construction company 'Pasha Construction,' owned by the Aliyev family.