Photo: Department of the Prosecutor General's Office
A major case of financial irregularity has been uncovered in the Sirdaryo region, drawing public attention. The case involves the illegal misappropriation of nearly 2.9 billion soums in credit funds.
The situation came to light during an investigation conducted by the Boyovut district branch of the Department under the Prosecutor General's Office, as part of the legal protection of business entities.
According to the investigation results, a citizen U.B. registered the "B.A." and "O.F." LLCs, as well as the "A." farm, in the names of three individuals. Subsequently, large amounts of credit funds allocated by commercial banks for the purpose of purchasing livestock were misappropriated through these organizations.
It was revealed that the livestock purchased with the allocated funds were sold for cash, and the funds were not used for their intended purpose. This led to a gross violation of financial discipline and legal requirements.
A criminal case has been initiated regarding the situation under Article 167 of the Criminal Code — embezzlement or misappropriation. Investigative proceedings are currently ongoing.
In short, "credit is for development, not for schemes." The fact that such cases are being placed under strict control is a signal: the system is vigilant.
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