Assistant Governor Arrested for Embezzling Over 1 Billion UZS in Kashkadarya
The abuse of power and corruption in obtaining loans from the Asian Development Bank (ADB) has been exposed in Kashkadarya, Uzbekistan. Law enforcement officers discovered that the assistant governor of a mahalla in Shakhrisabz, F.A., collaborated with heads of two different LLCs to fraudulently secure loans on behalf of dozens of citizens.
In a scheme spanning 2022-2023, F.A. worked with R.M., the head of an LLC specializing in textile equipment, to provide false information to ADB for 14 citizens, resulting in a loan of 440.3 million UZS. Additionally, F.A. colluded with another LLC head, Kh.S., to obtain a loan of 733.3 million UZS for 25 citizens. In total, 1 billion 173.6 million UZS was misappropriated through these fraudulent loans.
Following these revelations, a criminal case has been launched against the assistant governor, the LLC heads, and other involved individuals under Articles 167 and 228 of the Criminal Code. Investigations into this corruption scandal are currently ongoing.
This case highlights the importance of regulatory oversight and accountability in financial transactions to prevent abuse of power and ensure transparency in government affairs.
