Kyrgzyzstan declares state was uninvolved in massive money laundering

RUSSIA / FSU POLITICS - In Brief 20 Jun 2020 by Alex Teddy
On June 18 the Kyrgyz Parliament voted that their government had no part in a massive money laundering scheme. USD 932 million were laundered and spirited abroad. A commission looked into the issue. A businessman was murdered in connection with money laundering.The commission said that foreign entities were mostly behind the scheme. They said Uzbeks were prominent in the conspiracy.The former deputy head of Kyrgyz Customs was implicated in the scheme. A Chinese Uyghur businessman Aireken Saimaiti was the lynchpin of the scheme. Saimaiti was shot dead in 2019 for revealing the scheme. He provided documentary evidence proving how the caper operated. He used to pay off the Kyrgyz Committee for National Security. Journalists reporting the scheme have received death threats.

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