Thursday, 27 April 2006

COURT CLEARS KYRGYZ OFFICIALS ON CASH HANDOVER TO EX-PRESIDENT

Published in News Digest

By empty (4/27/2006 issue of the CACI Analyst)

A court in Bishkek ruled on April 26 to acquit former National Bank head Ulan Sarbanov, former Accounting Chamber Chairman Medet Sadyrkulov, former Finance Minister Sultan Mederov, and former Central Treasury Director Anarbek Satybaldiev on charges that they illegally transferred $420,000 from the state budget to then President Askar Akaev in December 1999. The judge said that their actions were not criminal. The defendants had argued that they gave the money to the president legally to cover the costs of a military operation against an extremist incursion, ferghana.
A court in Bishkek ruled on April 26 to acquit former National Bank head Ulan Sarbanov, former Accounting Chamber Chairman Medet Sadyrkulov, former Finance Minister Sultan Mederov, and former Central Treasury Director Anarbek Satybaldiev on charges that they illegally transferred $420,000 from the state budget to then President Askar Akaev in December 1999. The judge said that their actions were not criminal. The defendants had argued that they gave the money to the president legally to cover the costs of a military operation against an extremist incursion, ferghana.ru reported. Prosecutors said that they intend to appeal the ruling. (RFE/RL)
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