Child & Child set up secret company in British Virgin Islands and claimed Leyla and Arzu Aliyev had no political connections
A firm of London solicitors that set up an offshore company for the daughters of Azerbaijan’s president has been referred to a disciplinary tribunal accused of multiple failings. They include not detecting “a significant risk of money laundering”.
Leyla and Arzu Aliyeva – the daughters of President Ilham Aliyev – set up a secret offshore company to help manage their multimillion pound property portfolio in Britain. The firm – Exaltation Limited – was based in the tax haven of the British Virgin Islands.