Kyrgyzstan Sold Resort Linked to Sanctioned Russian Entity, Investigation Claims

An investigation by OCCRP alleges that the Kyrgyz government sold the 'Bars' resort on Issyk-Kul, previously seized from crime boss Kamchy Kolbaev, to an entity financed by a sanctioned Russian organization. While President Sadyr Japarov stated the resort was sold for $12 million, twice its estimated value, documents suggest it was sold for approximately 60% of its initial valuation, with no significant funds entering the state budget.

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