Billion-tenge Fraud Exposed in Shymkent

In Shymkent, companies issued fictitious invoices for 6.4 billion tenge without performing any work. Prosecutors had to intervene, Orda.kz reports.

The Shymkent Prosecutor's Office reports that a pre-trial investigation was launched under Part 3 of Article 216 of the Criminal Code of the Republic of Kazakhstan (issuing invoices without actual work performance or delivery of goods). The materials have been transferred to the city's Department of Economic Investigations.

Prosecutors also filed four cases to recover damages, which are currently under review. Disciplinary action has already been taken against 17 company officials.

In June, it was reported that the Shymkent prosecutor's office had referred to court a case of large-scale embezzlement in the city's arboretum.

Original Author: Olga Ibraeva