Bakiyev's son living in UK sentenced for life in Kyrgyzstan
BISHKEK. Oct 22 (Interfax) - Maxim Bakiyev, the son of the second president of Kyrgyzstan, has been sentenced for life in a case of diverting funds from Asia Universal Bank (AUB), the press service of the Supreme Court of Kyrgyzstan reported on Wednesday.
"Bakiyev was sentenced for life in the case of diverting funds from AUB. The judgment was brought today by Pervomaisky district court in Bishkek chaired by Adylbek Subankulov," the press service said.
The court concluded that Bakiyev who was also the head of the Central Agency for Development, Innovations and Investments, his financial advisor Yevgeny Gurevich and Chairman of the AUB Managing Board Mikhail Nadel were guilty of corruption in relation to diverting 2 billion som from the Social Fund. Bakiyev's accomplices were sentenced to 25 years of imprisonment, confiscation of property and a ban to hold state posts for three years.
"The court also ruled to recover 3 billion som from the defendants for the benefit of the state," the Supreme Court said.
Bakiyev is hiding in the United Kingdom where he received political asylum.
Together with Gurvich he is also a suspect in a criminal case of fraud and obstruction of justice launched in the United States.
Nadel's whereabouts are unknown. The Russian Central Bank blacklisted AUB on suspicion of involvement in money-laundering.
In March 2013 Pervomaisky court in Bishkek found Bakiyev guilty of offenses covered by several articles of the criminal code of Kyrgyzstan, including complicity in corruption related to the privatization of major state-owned assets, and sentenced him to 25 years of imprisonment in a high security prison and confiscation of property.
Earlier this year Maxim Bakiyev was already sentenced for life in another case.
In April 2014 Pervomaisky court handled the case of attempted murder of a foreign businessman, a representative of Oxus Gold company Sean Daley. Former Kyrgyz president Kurmanbek Bakiyev and his immediate relatives were sentenced to long prison terms in absentia. The former president was sentenced to 25 years, his brother Zhanybek and son Maxim - for life, his other son Marat - for 20 years.
Kurmanbek Bakiyev lives in Belarus that refused to deport him to Kyrgyzstan.