The case was uncovered by the Sergeli District Department of the Economic Crime Department under the Prosecutor General’s Office during a pre-investigation inquiry into the alleged large-scale embezzlement.
According to the department, the bank officials are suspected of taking $300,000 from the $500,000 deposited by a citizen identified as I.M.
Preliminary findings indicate that a fraudulent application and other documents were prepared in the depositor’s name to withdraw the money. The documents were allegedly used to misappropriate a substantial portion of the funds held in the account.
A criminal case has been opened under Article 167 of Uzbekistan’s Criminal Code, which covers embezzlement or misappropriation, and Article 228, concerning the forgery or use of forged documents, stamps, seals and forms.
Investigators are working to establish the legal responsibility of those suspected, trace the movement of the funds and identify any other people who may have been involved.
The authorities have not disclosed the name of the bank or further information about the suspected officials.
