Being an interim external manager of Kumtor Gold Company CJSC, Tengiz Bolturuk was involved in charity work and provided sponsorship. This is not within his authority, the report of the Accounts Chamber on the results of the audit of the company during the period of external management says.
According to the law, the task of an interim external manager is to ensure the continuous production, economic and other activities of a legal entity. From May 2021 to June 2022, sponsorship and charitable assistance was provided for 237,054 million soms.
Including, charitable assistance was provided for 58.9 million soms, the provision of which was not within the authority of the external manager Tengiz Bolturuk.
The Accounts Chamber notes that expenditures on charitable activities should be incurred only after the approval of the Board of Directors.
For the entire period of external management, the enterprise provided information on the activities of Kumtor mainly on charitable projects. Media requests for information on production activities at Kumtor Gold Company were left without response.
