Accessibility links

Breaking News

Kyrgyz Parliament Seeks Seizure Of Akaev Family Assets


Former Kyrgyz President Askar Akaev (file photo) (official site) 29 June, 2006 -- The Kyrgyz parliament today adopted a resolution recommending the government that it nationalize, or re-nationalize, assets that belonged to relatives of ousted President Askar Akaev and were sequestered after his ouster in March 2005.


In another resolution, lawmakers recommended that the Prosecutor-General's Office reopen probes into a number of suspected corruption cases.


Many in Kyrgyzstan believe Akaev and his family -- including his son Aidar and son-in-law Adil Toigonbaev -- enjoyed control over an extensive part of the national economy.


Despite Toigonbaev's denial, investigators believe he still owns a stake in the Kant Cement and Slate Factory.


Other companies that have been under investigation since Akaev's downfall include Bitel, Kyrgyzstan's largest cellular phone operator; Kyrgyztelekom; the Kyrgyzgazmunaizat oil and gas company; Kyrgyzaltyn, a company that extracts gold and other rare metals; and the Shampanvinkombinat wine factory.


(AKIpress, 24.kg)

RFE/RL Central Asia Report

RFE/RL Central Asia Report


SUBSCRIBE For regular news and analysis on all five Central Asian countries by e-mail, subscribe to "RFE/RL Central Asia Report."

RFE/RL has been declared an "undesirable organization" by the Russian government.

If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.

To find out more, click here.

XS
SM
MD
LG