Six companies fined for illegal sales worth 8 billion soums

Six companies operating in Uzbekistan were found to have sold highly liquid products worth more than 8 billion soums without placing them on exchange trades and without state oversight. The Competition Promotion and Consumer Protection Committee reported this.

According to studies and analyses conducted by the committee, the companies violated the requirements of the Law of the Republic of Uzbekistan “On Competition” and Cabinet of Ministers Resolution No. 170.

In Kashkadarya region, Koson Yog Kombinat LLC was found to have sold vegetable oil, cottonseed husks and cottonseed meal, which were required to be placed on the exchange, through direct contracts in seven cases, earning more than 91 million soums.

The special commission opened a case against the company, issued an instruction to prevent similar violations in the future and recalculated the unjustified income.

In Namangan region, Pop Sement LLC was found to have failed to comply with the requirement to sell at least 50 percent of the cement it produced in the first quarter of 2026 through the exchange. Instead, the company sold 4,300 tons of cement worth more than 2.4 billion soums through direct contracts. A case was opened against the company, and a financial penalty was imposed in accordance with the established procedure.

In Samarkand region, Humo Agro Platinum LLC and Zomin Ishonch LLC were found to have failed to place flour products obtained from the processing of wheat purchased through the exchange via the fund on exchange trades within the required timeframe and volume.

Cases were opened against these business entities over violations of Article 29 of the Law “On Competition” and the requirements of Cabinet of Ministers Resolution No. 170.

In Surkhandarya region, Surxondaryodonmahsulotlari JSC was found to have failed to place 364 tons of flour, which should have been produced from 485 tons of third-class wheat purchased from the fund through the exchange, on exchange trades. The company was also found to have sold 375 tons of first-grade flour worth more than 1.2 billion soums under a direct export contract.

The special commission adopted a decision against the company and issued mandatory instructions to voluntarily pay the financial penalty, eliminate the violations and prevent similar cases in the future.

In Tashkent, signs of violations were identified in the activities of Shavkat Business Agro LLC, Export Gold Agro LLC and Flour Asia LLC. The companies allegedly sold wheat purchased from the fund through the exchange under direct contracts instead of placing products obtained from its processing on exchange trades.

Cases were opened against these entities, and officials said a lawful decision would be adopted after the cases are reviewed.

In Tashkent region, O‘zbekko‘mir JSC was found to have failed to place coal products on exchange trades in April 2026 within the terms and volumes set out in the approved schedule. As a result of violations of the schedule and alleged manipulation, products worth more than 4.3 billion soums were sold.

The special commission of the regional department issued O‘zbekko‘mir JSC an instruction to eliminate the violation and prevent similar cases in the future.

Earlier, it was reported that a group of people in Andijan region had been exposed for allegedly embezzling 35.1 billion soums in cashback payments through the Soliq Mobile application.