A report by anticorruption watchdog organization Global Witness has recently caught my eye. It highlighted the recent scandal with the AsiaUnirversial Bank (AUB) used to be active in Kyrgyz Republic and employed by corrupted Kyrgyz ruler Bakiyev and his family clan. Actually that was not a big revelation for me as I used to frequent Kyrgyzstan with the audit trips in the interests of the European financial sector so to say. I mean the nexus between the AUB and corrupted Kyrgyz rulers was plain clear for many experts long ago. No wonder it came to the surface only after the Bakiyevs had fled for safety in Byelorussia and Great Britain.
Meanwhile the AUB gained it's high international reputation wholly due to three American ex-senators (including former presidential candidate Bob Dole) in the bank ruling board! That's the thing! Actually the worst thing about that disgusting story is that the laundry of "dirty money" is still being done with the involvement of some western banks amassing their wealth this way. And Kyrgyzstan is where it was, still down and unable to either to pay its huge debts or boast any success in combating drug trafficking. Millions and billons dollars are bypassing the state coffers ... wella.... due to the umbrella of the USA and Great Britain over corrupted fishy persons!! These countries' bankers are in fact not only hurdle for developing countries of the Central Asia but real threat to safety of Europeans imo!
I'm well aware that compromising stuff on those bankers has been filed. Still none of them have been brought before court and I strongly doubt this may ever occur at all!
Well, as a specialist I'm alarmed by the gloomy perspective of European banks in Central Asia. If it goes this way countries of this promising region may well lose trust to western financial institutions to rely wholly on some Asian partners, Chinese say or other.
