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About: State Oil Fund of Azerbaijan     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatPetroleumOrganizations, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: Thingschema:Organizationdul:Agentdul:SocialPersonagentwikidata:Q24229398Organizationyago:WikicatOrganizationsBasedInAzerbaijanyago:Abstraction100002137yago:Company108058098yago:Group100031264yago:Institution108053576yago:Organization108008335yago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntityorganisationyago:SocialGroup107950920yago:WikicatPetroleumOrganizations New Facet based on Instances of this Class

The State Oil Fund of the Republic of Azerbaijan or SOFAZ (Azerbaijani: Azərbaycan Respublikası Dövlət Neft Fondu (ARDNF)) is a sovereign wealth fund. SOFAZ lacks transparency in its finances and in its contracting, which has raised questions about corruption. Critics have described projects funded by SOFAZ as useless, and noted that contracts have been awarded to companies owned by the ruling Aliyev family in Azerbaijan.