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Aiyl Bank illegally issues loans to companies

The State Committee for National Security of Kyrgyzstan (SCNS) checked corruption manifestations in various spheres of activity of Aiyl Bank OJSC. Press center of the state committee reported.

Information about illegal and inappropriate granting of large loans to individual companies by Aiyl Bank JSC secured by illiquid property have been confirmed. It also turned out that these companies have large indebtedness in payments on loans to the bank.

Initially, the loans were intended for socially vulnerable groups of the population, as well as for the development of agriculture and animal husbandry.

«Pre-trial proceedings have begun under the article «Corruption» of the Criminal Code of the Kyrgyz Republic. Based on the results of the investigation, a legal assessment will be given to the actions of the responsible persons of Aiyl Bank OJSC and other persons. The public will be additionally informed about the results,» the SCNS said.