Kyrgyz

Kyrgyzstan’s National Bank Receives Over 300 Fraud Complaints Monthly

Bishkek, September 9, 2024 – The issue of fraud in the Kyrgyz Republic has come under scrutiny following a recent meeting held by members of the Budget, Economic and Fiscal Policy Committee at the National Bank. During the meeting, MP Daniyar Tolonov raised concerns about the lack of clarity on the number of citizens affected by fraud.

Deputy Chairman of the National Bank, Mels Attokurov, revealed that the bank receives between 300 to 500 complaints of fraud from victims each month, with 200 complaints received in just one day. This alarming trend has prompted MPs to call on the National Bank to take action to prevent such cases.

Tolonov expressed frustration at the lack of progress in addressing the issue, stating that despite previous warnings from MPs, little has been done to tackle the growing problem of fraud. Calls were made to suspend the issuance of online loans, but these pleas went unheeded, leading to a situation where individuals are falsely accused of taking out loans and forced to pay them back.

The ongoing concern surrounding fraud in the Kyrgyz Republic highlights the need for stronger measures to protect citizens from falling victim to scams. As calls for action grow louder, it remains to be seen what steps will be taken to address this pressing issue.

 

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