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AZERBAIJANI REAL ESTATE IN WASHINGTON DC

This article was published on 06 April 2018 at 02:42 PM. It has 107 views so far.

Millions of dollars of real estate in a single Washington DC neighborhood is owned by Azerbaijanis, according to investigative journalist Ken Silverstein of Washington Babylon.

A 7-bedroom, 4.5 bathroom estate in the Dupont Circle neighborhood is currently on sale for $2.75 million. The owner, Azeri-American Galib Mammad, is a registered agent of the Azerbaijan Diplomatic Academy (ADA) and a former executive director of the United States Azerbaijan Chamber of Commerce.

Meanwhile, ADA owns a $4 million mansion in the same neighborhood. ADA was founded by Hafiz Pashayev, First Lady and First Vice President Mehriban Aliyeva’s uncle and a prominent member of the powerful Pashayev clan.

Five years ago, Azerbaijan’s state oil company SOCAR bought its own estate near Dupont Circle. The company paid $12 million for the property, even though it had been valued at $9.5 million dollars.