Tuesday, February 14, 2012

Kyrgyzstan

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.

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June 29, 2006

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)

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