Capital Airport of Kyrgyzstan engaged in laundering of money
According to the results of investigative and operational measures, the State Service for Combating Economic Crimes (Financial police) revealed the facts of removal of $5 million from “International Airport Manas” JSC through offshore companies.
During pre-trial proceedings, it was established that in December 2014, “International Airport Manas” JSC received a commercial offer from the company “Ф.С.Л.”, whose director is a citizen of the Republic of Cyprus, with a proposal to purchase 100% of share package of “Fuel Center” CJSC in the value of $7 million.
“The consideration of this commercial proposal was entrusted to the Head of the Legal department of “International Airport Manas” JSC and the Director of the Financial and economic directorate, who, having entered into a criminal conspiracy and allegedly examining the activities of “Fuel Center” CJSC, made a fictitious memo in which they indicated that the company was profitable and hasn’t debt obligations,” the Financial police reports.
In fact, at that time, according to the balance sheet, the indicated CJSC went to bankruptcy, because the debts exceeded the assets.
“As soon as possible, on December 25, 2014, on the basis of this memo, the Board of Directors of “International Airport Manas” JSC approved the purchase of “Fuel Center” CJSC. Next day, on December 26, the Board of “International Airport Manas” JSC decided to purchase 100% of share package of unprofitable CJSC for $5 million,” explained the Finpol.
Note that the value of the shares of the above enterprise at the time of its purchase was less than $1.5 thousand (100 thousand KGS).
A couple of days after the transaction, $5 million from the account of “International Airport Manas” JSC were transferred to the accounts of two offshore companies.
As part of the pre-trial case, on September 30, 2019, the investigating authorities on suspicion of committing a crime under the Article 205 of Part 3 of Paragraph 1 “Waste of entrusted property in especially large amounts” detained the former Head of the Legal department of “International Airport Manas” JSC and placed him in the temporary detention center of the Main Department of Internal Affairs of Bishkek.
The investigation is ongoing.
