MAIN MENU

Written by 12:00 am Market

Former head of Issyk-Kul Region Development Fund detained

Issyk-Kul region prosecution authorities detained former director of Issyk-Kul Region Development Fund, S.R.K. and director of the construction firm D.A.T..The both were detained over illegal transfer of public funds to the account of the construction…

Issyk-Kul region prosecution authorities detained former director of Issyk-Kul Region Development Fund, S.R.K. and director of the construction firm D.A.T..

The both were detained over illegal transfer of public funds to the account of the construction firm in 2017. The public funds were allocated for construction of the football pitch in Ananievo village, Issyk-Kul district.

The criminal probe was launched into power abuse, appropriation of public funds.

Rustambek Sadyraliev was Director of the Issyk-Kul Region Development Fund from April 3, 2017.

The budget of the given Fund is formed by monthly contributions of the Kumtor Gold Company in the amount of 1% of gross revenues.

The Fund finances important projects aimed to develop economic potential and social infrastructure of Issyk-Kul region.

Source: Central Asian News Services (CANS)

Last modified: March 14, 2023