The "Big Game" in Neighborhoods: Mayor's Assistants Embezzle Preferential Loans
New crimes involving the embezzlement of preferential loan funds allocated to support low-income families and develop entrepreneurship have been uncovered in Uzbekistan. Pre-investigation checks conducted by the Department under the Prosecutor General's Office have revealed an "alliance" between mayor's assistants and fraudulent entrepreneurs.
Zamin.uz provides details of financial irregularities identified in several regions of the country.
How did the loans "disappear"?
According to investigative data, mayor's assistants in neighborhoods and heads of private enterprises (LLCs) played the primary roles in the criminal schemes. They cashed out and misappropriated preferential funds allocated in the names of citizens through forged documents.
The table below provides an analysis of three major embezzlement cases identified:
Region | Involved Individuals | Embezzled Amount | Fraudulent Scheme Used |
Andijan Region, Oltinkol District | Officials of "U.T." and "Q.A." LLCs, mayor's assistant of "Qayirma" neighborhood | 442.3 million soums | Embezzlement of funds allocated for greenhouse construction by documenting work as "completed" when it was not actually performed. |
Sirdaryo Region, Mirzaobod District | Former mayor's assistant of "Toshkent" neighborhood and supply companies | 248 million soums | Embezzlement of preferential loan funds allocated to eight citizens through supplier firms. |
Andijan City | Head of "L.A." LLC and former mayor's assistant of "Farobiy" neighborhood | 163 million soums | Pocketing preferential loans allocated to neighborhood residents through fraud. |
Rule of Law: Criminal Cases Initiated
Criminal cases have been initiated regarding all identified incidents under the relevant articles of the Criminal Code of the Republic of Uzbekistan. Investigative actions are currently being carried out by law enforcement agencies.
Control over the targeted spending of every soum allocated by the state for social support of the population is being strengthened. The guilty parties face legal accountability and heavy fines.
Comments 0
…