Bank official detained while receiving large bribe in Andijan

An official working in the banking system was detained while receiving a bribe in Andijan region.

It was reported that he worked as a deputy head in the main department of one of the region's banks. This individual had the authority to put up for sale properties pledged as collateral for loans.

Using his position, he planned to gain benefits in exchange for processing a pledged property at a low price. Specifically, a medical center building located in Asaka district, valued at 16.8 billion Uzbek soums, was used.

After this property failed to sell at auction, its price was artificially lowered and it was offered to an entrepreneur under preferential terms. In return, $90,000 USD was demanded.

During an operation conducted by the State Security Service, the official was apprehended while receiving $40,000 USD and exposed with evidence.

A criminal case has been initiated regarding this incident, and investigative work is ongoing.