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PASHA Holding LLC
Company typePrivate company
IndustryFinancial services
Founded2006
HeadquartersBaku, Azerbaijan
Area served
Azerbaijan
Turkey
Georgia
Montenegro
Key people
Jalal Gasimov, CEO[1]
Services
Total assetsIncrease AZN 11.9 billion (2019)
Total equityIncrease AZN 2.6 billion (2019)
Number of employees
8500+ (2019)
Websitehttp://www.pasha-holding.az

PASHA Holding is an Azerbaijani conglomerate.[2] It is owned and controlled by the Pashayev family of which Vice President and First Lady Mehriban Aliyeva (née Pashayeva) is a member. Aliyeva's daughter Leyla and Arzu inherited the company in 2013 when her father retired. The company has been embroiled in high-level corruption in Azerbaijan.[2]

The company built the Four Seasons hotel in Baku, which involved destroying part of the Baku Fortress Wall of the Inner City.[2]

References

  1. ^ "PASHA Holding website".
  2. ^ a b c Altstadt, Audrey L. (2017). Frustrated Democracy in Post-Soviet Azerbaijan. Columbia University Press. pp. 126–127. doi:10.7312/alts70456. ISBN 978-0-231-70456-4.