Former Yenbek Managers Accused of Embezzling
Photo: Dall-E Generated, illustrative purposes
Authorities in the Qaraganda region are investigating the theft of budget funds from the state enterprise "Yenbek," Orda.kz reports.
According to the Financial Monitoring Agency (FMA), former RSE ‘Yenbek’ branch managers are suspected of embezzling 449 million tenge, initially allocated for supplying leather and knitted materials used in footwear and clothing production.
Between 2021 and 2023, the RSE branch concluded 23 contracts with suppliers using the 'single source' method. However, the goods were never actually delivered. To legalize the stolen money, the suspects resorted to the services of a professional money launderer, who executed fictitious contracts on behalf of four controlled individual entrepreneurs,
FMA statement
Investigators allege that the embezzled funds were used to purchase a private house in Almaty and a BMW X6. The property was reportedly registered under trusted individuals' names to avoid confiscation.
The court has already seized the assets.
Suspects in Custody
The suspects have been arrested, and the investigation is ongoing.
RSE ‘Yenbek’ operates under the Ministry of Internal Affairs of Kazakhstan and is part of the penal system, focusing on the employment of incarcerated persons.
Earlier, Orda.kz reported that top officials of RSE ‘Yenbek’ were also suspected of systematic bribery when awarding contracts to entrepreneurs.
Original Author: Ruslan Loginov
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