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Theater building belonging to historical monuments returned to state

The fact of illegal privatization of the object in the center of Bishkek, belonging to historical monuments, has been established. The State Committee for National Security of Kyrgyzstan (SCNS) reported.

The building, which housed Tunguch Youth Drama Theater, was transferred to the balance of the state.

According to the SCNS, after the collapse of the Soviet Union, in the general wave of privatization, the building was transferred to T.P.Ts.T LLC in violation of the requirements of the legislation in force at that time.

Its estimated value is 317,106 million soms, or $3,750 million.

This real estate object is a monument of history and culture, is under state protection and can be used exclusively as a building for public entertainment and public cultural purpose. But for many years it housed a nightclub.

In order to return the property to the legal owner represented by the state, the SCNS conducted preventive measures with the owner. On September 23, the sole founder and owner voluntarily transferred 100 percent of shares in T.P.Ts.T. LLC to the State Property Management Agency.

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