On 5 July, in the course of the Cabinet session the Chairperson of Turkmenistan’s Economic Crime Enforcement Agency Maksat Khudaikuliev briefed President Gurbanguly Berdymukhammedov on the arrest of individuals involved in illegal foreign currency transactions, the state information agency TDH reports.
The CEO of Türkmenbaşy bank in the city of Turkmenbashi, G. Khanguliev, embezzled dollar bank notes and subsequently resold them to N. Bairamgeldiev, a resident of Kenar etrap of Turkmenbashi to carry out illicit foreign currency trading.
Moreover, a group of individuals who illegally bought foreign currency from employees of foreign companies and sold it at an inflated rate was uncovered.