Pretrial detention prolonged for head of Kyrgyz gold firm
Publisher | Radio Free Europe/Radio Liberty |
Publication Date | 8 July 2014 |
Cite as | Radio Free Europe/Radio Liberty, Pretrial detention prolonged for head of Kyrgyz gold firm, 8 July 2014, available at: https://www.refworld.org/docid/53ce30a811.html [accessed 31 May 2023] |
Disclaimer | This is not a UNHCR publication. UNHCR is not responsible for, nor does it necessarily endorse, its content. Any views expressed are solely those of the author or publisher and do not necessarily reflect those of UNHCR, the United Nations or its Member States. |
July 08, 2014
By RFE/RL's Kyrgyz Service
The pretrial detention has been prolonged for the head of Kyrgyzstan's state-owned gold producer, who is accused of financial fraud.
Kyrgyzstan's Supreme Court said on July 8 that Dilger Japarov would remain in pretrial detention until July 28.
Japarov, head of the firm Kyrgyzaltyn, was arrested on May 28 on charges of illegally transferring $200 million of company funds into the bank accounts of the Canadian firm Centerra Gold.
Centerra Gold owns and operates the Kumtor gold mine in northwestern Kyrgyzstan through its subsidiary, the Kumtor Gold Company.
The Kyrgyz government owns 33 percent of the Kumtor Gold Company through Kyrgyzaltyn.
Japarov says the money he transferred to Centerra Gold in December represented dividends Centerra had earned from its shares in the Kumtor Gold Company.
Kyrgyz authorities say the transfer required prior government approval.
Link to original story on RFE/RL website