Kyrgyzstan detains ex-prime minister in mine corruption case

May 31, 2021

Kyrgyzstan's security services have detained a former prime minister in connection with an investigation of corruption involving the huge gold mine that is the country's largest taxpayer

MOSCOW (AP) — Kyrgyzstan’s security services have detained a former prime minister in connection with an investigation of corruption involving the huge gold mine that is the country’s largest taxpayer.

A statement from the State Committee for National Security didn't give details of the potential charges against Omurbek Babanov, who was prime minister in 2011-12.

Kyrgyz media reported that Asylbek Jeenbekov, a brother of the former president, also was detained Monday in the case.

The investigation centers on the Kumtor gold mine, which has long been a controversial operation in Kyrgyzstan because of alleged environmental violations and strong sentiment that the government should nationalize it.

In early May, the parliament passed a law allowing the state to take control of the mine for three months from its Canada-based operator Centerra and a court levied a $3 billion fine for environmental claims.

The mine accounts for more than 12% of the former Soviet Central Asian country’s economy, according to Centerra.

MORE NEWS

ABOUT US
Logo

Market Fold features extensive coverage of Business and Finance News across the many nations for business leaders who seeks to discover strategy plans of successful businesses.

Contact us: sales[at]marketfold.com


SUBSCRIBE
Copyright © 2015 - 2026 Market Fold. All Rights Reserved.