Kyrgyzstan National Security Committee Denies Resort Transfer, Cites Investor Compensation

Kyrgyzstan's State Committee for National Security (GKNB) clarified that the 'Novel' resort in Korumdu village was not transferred to its balance. The GKNB stated that in a criminal case involving misappropriation of foreign investor assets, the damage was fully compensated by transferring the investor's share in the company owning the resort. Thus, the resort became part of the company's assets, which were transferred to the victim as compensation.

Read the full article at 24.kg →

Headline and summary written by daryo. The full report belongs to 24.kg.