Basketball Federation officials embezzle 500 million UZS

Several officials within Uzbekistan's Basketball Federation have been found guilty of embezzling nearly 500 million UZS, according to the Prosecutor General's Office. Following an investigation, a criminal case was opened, and the court sentenced those involved.

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The Federation's Executive Director, Y.S., conspired with the Head of Operations, S.I., to commit fraud. Together, they created a company under the names of S.I.'s mother and brother, "S.A.G." LLC, and transferred 197 million UZS from the Federation’s account for two pieces of specialized equipment intended to monitor the health of athletes. However, the equipment was never delivered, and the funds were misappropriated.

In a separate case, the First Vice President of the Federation, Kh.G., unlawfully withdrew 162 million UZS from the Federation’s corporate plastic card for personal use.

Additionally, these officials fabricated a contract, claiming to secure sponsorship for the Federation. Under this false agreement, 130 million UZS were spent for their own benefit.

Criminal investigations were carried out based on the identified offenses, and the court has imposed appropriate penalties on those found guilty.

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