Luxury cars owned by Azerbaijani billionaire Farhad Ahmadov seized by court

A number of luxury vehicles belonging to Azerbaijani billionaire businessman Farhad Ahmadov have been seized by court order, local media reported.

The seizure was linked to multi-million-manat debts owed by Baku Kaspian Real Estates Limited, a company founded and solely owned by Ahmadov.

The Baku Commercial Court ordered the vehicles to be seized and listed as wanted assets. The enforcement is being carried out by the Sabail District Enforcement Office.

The seized assets include high-end vehicles such as a Mercedes-Maybach S500, Rolls-Royce Cullinan, Porsche Cayenne Turbo, Range Rover Vogue, Harley Davidson motorcycle, and rare collector cars like a 1954 ZIM-12 and a 1980 GAZ-13 “Chaika.”

N.Tebrizli