Uzbekistan: Investigative reporting by Radio Free Europe/Radio Liberty (RFE/RL) has found evidence of a company linked to President Shavkat Mirziyoyev's son-in-law carrying out ‘secret state contracts.’ These included a US$36m ‘overpriced’ natural gas supply contract for Qizilqumsement. The company, Ultimo Group, is reportedly without website or public profile and co-owned by a retiree with no business background. RFE/RL described its network of associated international companies as ‘Byzantine.’

Qizilqumsement allegedly paid above market price to gas supplier with links to Uzbek first family
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.