President speaks about a fact that bank manager in Tashkent region misappropriated a preferential loan worth 302 million
The manager of the Gazalkent branch of Microcreditbank and his wife misappropriated a preferential loan in the amount of 302 million soums. The speech of President Shavkat Mirziyoyev was presented in the “Menimcha” program on the “Uzbekistan 24” TV channel.

Photo: Presidential press service
According to the President, there are cases of officials stealing concessional loans, which are designed to improve the standard of living of the population and are aimed at developing family businesses.
“Studies show that livestock, sheep, chickens and sewing equipment, which should be purchased through soft loans, are sold by supply organizations to the population at higher prices.
The manager of the Gazalkent branch of Microcreditbank in the Tashkent region registered a company headed by his wife as a supplier and provided her with a loan in the amount of 302 million soums. Doesn’t the regional khokim of Tashkent have enough authority to enforce the observance of the law by this official who has lost his conscience?” the President asked.
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