Pervomaisky district court of Bishkek sentenced the son of ex-President of Kyrgyzstan Maxim Bakiyev in the case of “Manas Bank”. The court upheld a life sentence imposed on the accused by the same court earlier, in September 2016, and added another 20 years of imprisonment with serving in a colony of strict regime, reports “Kirtag”.

“By partial addition of the appointed punishments definitively determine Maxim Kurmanbekovich Bakiyev, the penalty of deprivation of liberty for a term of 20 years with confiscation of property and deprivation of the right to engage in activities in the banking sector for a period of three years. On the basis of article 60 of the same code to the sentence partially to attach a sentence of may day district court of Bishkek city, 21 September 2016, and finally to determine the Maxim Kurmanbekovich Bakiyev penalty of life imprisonment with a fine in the amount of fifty estimated indicators with confiscation of property and deprivation of the right to hold public office for a period of three years with punishment serving in a colony of special regime”, – stated in the verdict of may 12.

The court also sentenced accomplices Bakiyev, his business partner Valery Belokon and six other defendants. Belokon sentenced to 20 years imprisonment in a strict regime colony with confiscation of property and deprivation of the right to engage in activities in the banking sector for a period of three years. Long terms of imprisonment were also other defendants. Verbitsky, A. lasa, S. Kostyrin, J. Kachnov, M. Alapaev, C. Imanalieva.

Upheld also the decision of the court for the arrest of CJSC “Manas Bank”. Property companies and funds, which were seized, converted to the state income.

The criminal case against the youngest son of former Kyrgyz President Maxim Bakiyev was initiated in April 2010. He was accused of inappropriate use of the Russian loan. According to the Prosecutor General of Kyrgyzstan, Bakiev, being the President of the Board of Directors of CJSC “development Fund of the Kyrgyz Republic”, placed $ 35 million of the Russian loan on Deposit in commercial banks and banks owned by his entourage, including CJSC “Manas Bank”.

The remaining 226 million dollars the General Director of CJSC “development Fund of the Kyrgyz Republic” Alexey Eliseev prior agreement with Bakiyev gave the company Yevgeny Gurevich – OJSC MGN Asset Management (a subsidiary of ZAO MGN Group). Last, engaging in investment and speculative operations on the stock exchanges outside the Republic, obtained from company funds with a view to profit buying and reselling the securities.

Bakiyev sentence rendered in absentia. After the April revolution of 2010 in which Kyrgyzstan has a new President, President Kurmanbek Bakiyev, his relatives
and closest associates fled the country. Property owned by the family
the President and his entourage, was nationalized.

The son of the deposed President of the Republic currently living in the UK. In may 2010 it became known that he was given temporary asylum. According to Interfax, Maxim Bakiyev, is in the international wanted list.

Valeri Belokon after the revolution in 2010, also left the country. He owns the Bank “Manas” was nationalized.

Maxim Bakiyev in Kyrgyzstan, sentenced to multiple life terms, including in the case of the withdrawal of “AsiaUniversalBank”, and in the case of the attempted murder of foreign businessman Sean Daly. His father, Kurmanbek Bakiyev, has appointed 25 years, and brother Marat – 20 years in prison, reported the website Tengrinews.kz.

The attempt took place on 7 July 2006. Unknown fired several shots at his victim. But Daley survived and left Kyrgyzstan. The right to develop Jerooy gold Deposit from his company “Oxus” has moved to the structures affiliated with the late businessman Boris Berezovsky.



Son of ex-President of Kyrgyzstan Maxim Bakiyev added 20 years in prison to life term in the case of “Manas Bank” 16.05.2017

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