Monday, 19 September 2005

TURKMENISTAN COURT JAILS FORMER OIL, GAS OFFICIALS

Published in News Digest

By empty (9/19/2005 issue of the CACI Analyst)

A court in Turkmenistan has handed down a 24-year prison sentence to Saparmamed Valiyev, the ex-oil minister of the former Soviet republic in Central Asia. Another former official, Ilyas Charyyev, head of the Turkmenneftegaz oil and gas trading corporation, was convicted of corruption and embezzlement and sentenced to 25 years behind bars. The 25-year prison term is the equivalent of capital punishment in Turkmenistan.
A court in Turkmenistan has handed down a 24-year prison sentence to Saparmamed Valiyev, the ex-oil minister of the former Soviet republic in Central Asia. Another former official, Ilyas Charyyev, head of the Turkmenneftegaz oil and gas trading corporation, was convicted of corruption and embezzlement and sentenced to 25 years behind bars. The 25-year prison term is the equivalent of capital punishment in Turkmenistan. The general prosecutor’s office of Turkmenistan said that during the investigation law enforcers had seized $25 million, 107 kilograms of gold and jewelry, 20 cars, 14 houses and five country-houses on the Caspian shore. (ITAR-TASS)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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