By empty (4/27/2006 issue of the CACI Analyst)
A court in Bishkek ruled on April 26 to acquit former National Bank head Ulan Sarbanov, former Accounting Chamber Chairman Medet Sadyrkulov, former Finance Minister Sultan Mederov, and former Central Treasury Director Anarbek Satybaldiev on charges that they illegally transferred $420,000 from the state budget to then President Askar Akaev in December 1999. The judge said that their actions were not criminal. The defendants had argued that they gave the money to the president legally to cover the costs of a military operation against an extremist incursion, ferghana.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.
Sign up for upcoming events, latest news and articles from the CACI Analyst