In Bukhara, the head of the enterprise that absorbed a loan of 1.3 billion soms, was identified

In Bukhara, the head of the company that absorbed 1.3 billion soms of loan funds was identified.  This was reported by the Department under the General Prosecutor’s Office.

According to the results of the preliminary investigation conducted by the Bukhara city department, the head of the family business F.G.  was found to have colluded with the former officials of the branch of the regional commercial bank.  They managed to obtain another 900 million som loan for the construction of an additional building for the enterprise.  For this purpose, F.G re-mortgaged the hotel building, which had been mortgaged for a loan granted in 2019, and by artificially overestimating its price, he appropriated a total of 1.3 billion soms of loan funds from the bank branch and distributed them.

In connection with this situation, Article 167 of the Criminal Code (embezzlement or embezzlement), Article 192-11 (abuse of authority by officials in a non-governmental organization) and Article 205 (authority or  a criminal case has been opened and and investigation is underway.)

It should be recalled that we reported that the housing and communal economy economist who promised to sell land in Andijan was arrested.