Kyrgyz

State reclaims gold deposit in Batken region

Gold Deposit Returned to State in Batken Region

In a recent development, a gold deposit in Batken region has been returned to the state, as reported by the press center of the State Committee for National Security (SCNS).

Following investigative and operational measures based on a criminal case related to money laundering and financing the activities of Kamchi Kolbaev’s organized crime group, the Aprelskoye AZI gold deposit in Batken region has been transferred to the balance sheet of the Ministry of Natural Resources.

The SCNS has stated that the total reserves of the gold deposit amount to 10 tons of gold and 15 tons of silver. Preliminary estimates suggest that the market value of the deposit exceeds $50 million.

This move is seen as a positive step towards ensuring that valuable resources are managed in the best interest of the state and its people. The return of the gold deposit to the state is expected to have significant implications for the region and its economic development.

The State Committee for National Security continues to work towards combatting illegal activities and ensuring that resources are utilized for the benefit of the country. This latest development underscores the importance of transparency and accountability in the management of natural resources in Kyrgyz Republic.

 

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