Over the past five years, the enterprise "Kyrgyzneftegaz" has produced about 879 thousand tons of oil. The official reporting indicates that 29 thousand tons were written off as production losses. However, according to testimonies from company employees, such losses should not exceed one percent of the total production volume, which in this case amounts to approximately 9 thousand tons. Thus, 20 thousand tons of oil were not accounted for officially, which at the average market price could cost about 560 million soms.
Scheme 2. Improper use of intermediaries in processing
Problems with raw material accounting were just the beginning of a broader scheme for redistributing resources through third parties. Inspections revealed that 30% of the total volume of extracted oil, which amounts to 262 thousand tons, was sold to private companies. Instead of directing the oil for processing at the state plant "Kyrgyz Petroleum Company," the raw material was first resold to intermediaries, who then sold it back to the same plant, but under their own name. As a result of this scheme, the main profit remained with private firms, while the state enterprise lost more than 3 billion soms.
Scheme 3. Selective distribution of finished products
The final stage of this system was the selective distribution of processed oil products. After processing, the oil is divided into several types of products: gasoline, gas, diesel, and fuel oil. The most profitable are fuel oil and diesel. It has been established that these products were sold through a limited circle of private companies, which then resold them to other buyers, including foreign firms. In some cases, fuel oil was returned to the state plant. Thus, the most liquid products ended up with intermediaries, and the state enterprise lost profit. For example, the company "Region Oil" purchased fuel oil worth nearly 466 million soms over several years. There were also cases where diesel taken by the firm Tai-Muras Tashiev was sold to municipal enterprises in the Jalal-Abad region. Meanwhile, the outdated AI-80 gasoline and naphtha did not attract the interest of Tashiev's relatives, and they were sold to major oil traders, such as OsOO Alpha Oil and Partner Neft.
These schemes operated during the management of Baigazy Matisakov, the nephew of Kamchybek Tashiev, who headed the plant of CJSC KPK. Currently, details are being clarified on how the director of the subsidiary could distribute the extracted raw materials at JSC “Kyrgyzneftegaz.”
The crisis situation in the system was confirmed by the new leadership of JSC "Kyrgyzneftegaz," Samsaaly Chetiimbaev.
“If we had handled processing and sales ourselves, the revenues would have been much higher. Refusing processing is a serious oversight that contradicts the interests of JSC 'Kyrgyzneftegaz.' When I arrived, the company had only 1 million 200 thousand soms in its account. We were literally searching for funds to pay off salary debts. After my appointment on March 10, we managed to pay salaries for only one month,” - added Chetiimbaev.
Currently, many private companies involved in the supply chains have effectively ceased operations or are unavailable for comment. The tax authorities are continuing to investigate all episodes mentioned in the inquiry to reach a final conclusion on the extent of the damage inflicted on the national budget.
