According to information from the agency, due to manipulations with intermediaries and questionable write-offs of raw materials, "Kyrgyzneftegaz" incurred losses exceeding 4 billion soms. "Analysis of data and invoices for the period from 2021 to 2025 revealed three main schemes through which profits from state-owned oil ended up in the hands of private individuals connected to relatives and associates of the former head of the State National Security Committee, Kamchybek Tashiev," the STS indicated.
The investigation details these schemes:
Scheme 1. Artificial Inflation of Production Losses of Oil According to the STS, over five years, "Kyrgyzneftegaz" produced about 879,000 tons of oil. The company's reports indicate that nearly 29,000 tons were written off as production losses. However, company employees reported that actual losses typically do not exceed 1% of the total volume. Thus, by calculations, they should have amounted to about 9,000 tons, which means that 20,000 tons of raw materials, valued at approximately 560 million soms at average prices, disappeared.
Scheme 2. Unjustified Use of Intermediaries in Processing The STS points out that hidden losses of raw materials were just the beginning of a broader scheme for distributing resources through intermediaries. "The audit revealed that 30% of all extracted oil was sold to private companies — a total of 262,000 tons was sold over five years. Instead of directing oil to the already existing state oil refinery 'Kyrgyz Petroleum Company,' the raw materials were first sold to intermediaries, who then resold it back to the subsidiary of 'Kyrgyz Petroleum Company' for processing under their name," the report notes.
As a result of this scheme, private intermediaries received the main profits, while the state enterprise lost more than 3 billion soms.
Scheme 3. Selective Distribution of Finished Oil Products The STS also reports that the last link in this system was the selective distribution of finished oil products. After processing, oil is converted into several types of products: gasoline, gas, diesel, and fuel oil. The most profitable among them are fuel oil and diesel, which, according to information, were sold through a narrow circle of private companies. These products were then resold to other buyers, including foreign traders. In some cases, fuel oil returned to the same state plant. Thus, the most liquid products ended up with intermediaries, while the state enterprise lost profits.
For example, the company "Region Oil" purchased fuel oil worth nearly 466 million soms over several years. It is owned by Aydarova Nazgul Kubanychbekovna, who is also an accountant in the political party "Ata-Jurt" and is associated with other affiliated companies that worked with firms purchasing oil from CJSC "KPC."
The investigation also covered situations where diesel was purchased from the plant by the company Tai-Murasa Tashiev for further sale to municipal enterprises in the Jalal-Abad region. It appears that Tashiev's relatives did not want to buy non-liquid AI-80 gasoline and fuel oil, so their plant sold to large well-known oil traders in the country, such as LLC "Alpha Oil" and "Partner Oil." The raw materials were supplied by LLC "Kyrgyz-Uzbek-Azerbaijani JNPP," which received 83,000 tons over five years. The director of this company is Tashiev Kazybek Kadyrshaevich, and the founder is Tashiev Shayirbek Kydyrshaevich.
According to the tax service, "These schemes operated during the tenure of Baigazy Matisakova — the nephew of Kamchybek Tashiev, when he headed the oil processing plant of CJSC 'KPC.' It is currently being clarified how the director of the subsidiary managed to engage in the distribution of extracted raw materials at OJSC 'Kyrgyzneftegaz'."
The head of OJSC "Kyrgyzneftegaz," Samsaaly Chetimebaev, noted that when he was appointed, there were only 1.2 million soms in the company's accounts, which barely covered employee salaries.
“Currently, most private companies involved in the supply chains have effectively ceased operations or are unavailable for comment. Tax authorities continue to investigate all described cases to make a final conclusion about the scale of damage to the national budget,” emphasizes the tax service.
