The AFM has uncovered a scheme to embezzle 327 million tenge intended for apple orchards in Shymkent.
The Financial Monitoring Agency has completed its investigation into the embezzlement of budget funds allocated for the development of apple orchards in Shymkent. According to the investigation, the former head of the Agriculture Financial Support Fund, Omarov Zh.D., organised a scheme involving affiliated companies. The damage to the state is estimated at over 430 million tenge, and additional violations were identified in the receipt of subsidies totalling more than 327 million tenge. The case has been sent to court, and the suspect remains in custody.