The Financial Monitoring Agency has completed its investigation into a criminal group suspected of embezzling state subsidies in the Turkistan region. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
According to the investigation, four individual entrepreneurship entities officially registered to third parties, as well as "Nur-Keles" LLP and "Bimen S." LLP, were used to implement the illegal scheme.
The suspects effectively controlled these business entities through electronic digital signatures issued to them, seals, and notarized powers of attorney granting the right to manage bank accounts.
"Through these business entities, knowingly false information was entered into information systems about the purchase and availability of agricultural animals, as well as the conduct of breeding work. Subsequently, electronic applications for subsidies were submitted based on this information," the statement said.
Funds received from the budget were cashed out, distributed among the scheme's participants, and spent on personal purposes. The total amount of damage caused is 103 million tenge.
"As a result, budget funds intended to support honest agricultural producers and develop livestock farming in the region were spent for other purposes," the agency said.
With court sanction, the suspects' property was seized. This includes 2 residential houses, 4 vehicles, a parking space, and a land plot.
One of the suspects was taken into custody, while a preventive measure in the form of bail was applied to the second.