The judicial board of the Bishkek City Court, chaired by Adis Momunaliev, today announced the decision on the criminal case against Alexander Kim, the former owner of Vecherniy Bishkek publishing house.
The court upheld the verdict of the first instance court. Thus, Alexander Kim got six years of suspended sentence to be served in a penal colony with probation period for two years.
He is charged with exceeding the authority by an employee of a commercial organization. According to the court’s decision, he must pay 27 million soms to the aggrieved party Alexander Ryabushkin.
The State Service for Combating Economic Crimes initiated the case against Alexander Kim following the statement of the current head of Vecherniy Bishkek Alexander Ryabushkin, who accused the former partner of illegal receiving 27 million soms of dividends.
Alexander Ryabushkin himself voluntarily sold in 2000 his share to the son-in-law of the former President Askar Akayev, Adil Toigonbaev. In 2005, Ryabushkin, when he tried to challenge the deal with Adil Toigonbaev through the court, lost the suit, as the court found no evidence of illegality of the agreement on the sale of the shares.