The damage from Tashiev’s fraud is estimated at 4.1 billion

The Ministry of Internal Affairs has revealed details of the corruption scheme of former deputy of the parliament Shairbek Tashiev.

According to the Kyrgyz publication 24.kg, the brother of the former head of the State National Security Committee of Kyrgyzstan and former parliament deputy Shairbek Tashiev caused significant damage to the state as a result of his commercial activities. The amount of damage to the state is estimated at 4.1 billion soms (approximately 47 million dollars).

It is reported that this amount includes both lost profits and unpaid taxes.        

According to the investigation, Shairbek Tashiev supplied oil to state companies through intermediary companies, despite the presence of the state processing plant “Kyrgyz Petroleum Company.” The oil was transferred to companies controlled by Tashiev, which in turn resold it to the state enterprise.

The Ministry of Internal Affairs reported that up to a third of the oil volumes were sold through this scheme, and the funds passed through a number of intermediary firms and were withdrawn to certain accounts.

It has been established that the tax debt of the state enterprise “Kyrgyzneftegaz” for 2023 is estimated at approximately 60.5 million soms (690 thousand dollars), while “Kyrgyz Petroleum Company” owes about 54.5 million soms (621.3 thousand dollars).

The Ministry of Internal Affairs emphasized that the damage caused is subject to full compensation. The investigation is ongoing.