According to the Tax Service of Kyrgyzstan, "Kyrgyzneftegaz," a strategically important enterprise, lost its financial stability over five years and became the target of manipulations by private interests. While the state company faced a shortage of funds for salaries, a network of intermediaries emerged around it, linked to the entourage of the former head of the State National Security Committee, Kamchybek Tashiev.
Billions in losses and schemes with intermediaries
An analysis conducted by specialists from "Salyk Service," covering the period from 2021 to 2025, revealed that the damage caused to the budget exceeded 4 billion soms. The main reason was not technical failures, but the use of administrative resources.
Problems began to manifest when oil started to "disappear" at the accounting stage. Official reports indicated production losses of 29,000 tons, while experts claim that actual losses should not exceed 10,000 tons. Thus, raw materials worth over half a billion soms were removed from accounting.
However, a more significant leak of funds occurred through intermediary firms. Despite having its own processing plant, "Kyrgyz Petroleum Company," the management of "Kyrgyzneftegaz" decided to involve intermediaries, resulting in almost a third of the oil going to private companies that resold it to the state plant under their name. This scheme allowed private entities to earn a profit of 3.1 billion soms, which should have gone to the state.
Recognizable names among the beneficiaries
During the investigation, companies with well-known names were identified, managed by Shaiyrbek and Kazybek Tashiev — brothers of the former head of the security service. The company "Region Oil," owned by the accountant of the "Ata-Jurt" party, was also noted; it not only purchased fuel oil from the state but also resold it back to the plant, acting as an unnecessary link.
The firm "Moka Group," founded by Tai-Muras Tashiev, also played an important role. The volumes of petroleum product purchases by this company are impressive, as it acquired more fuel than the largest retailers in the country. The most profitable products, such as diesel and fuel oil, primarily went to affiliated structures, while less liquid AI-80 gasoline was sold to third-party traders with little interest from Tashiev's relatives.
The sad reality and financial problems
This scheme operated smoothly during the period when the plant was headed by Kamchybek Tashiev's nephew, Baigazy Matisakov. Currently, the investigation is determining how the director of the subsidiary managed the resources of the parent company.
After a change in leadership in the spring of 2026, the new director of "Kyrgyzneftegaz," Samsaaly Chetiimbaev, discovered that the enterprise was on the brink of collapse with empty accounts. Only a little over a million soms remained in the cash register, and salary debts had to be settled in emergency mode. While private firms enriched themselves through the resale of state fuel oil, "Kyrgyzneftegaz" found itself in a dire financial situation. Tax authorities continue their investigation, examining every transaction to determine the scale of the multi-billion damage.
