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Tajikistan: Top Official at Troubled Bank Reportedly Flees

There are more rumblings of discontent at Tajikistan’s doomed Tojiksodirotbank.

Online news outlet TojNews reported on August 11 that deputy chairman Firdavs Berdiyev had fled the country to Switzerland. 

There are a few theories circulating about Berdiyev’s flight, according to the website. One is that he has made himself scarce for fear of being made target of criminal investigation, possibly over the bank’s slow-motion meltdown. Another is that he has left in a mutual agreement with the bank’s management.

Workers at Tojiksodirotbank, which is the country’s second largest lender, say Berdiyev was suspended from his post before his departure, TojNews reported.

Tojiksodirotbank has declined to comment on the report, leaving the banker’s whereabouts in doubt.

Meanwhile, people in Berdiyev’s inner circle have told EurasiaNet.org that he is currently in New York, supposedly in talks to drum up investment in Tojiksodirotbank and a daughter institution of the bank from New York-based Citibank. 

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Tajikistan: Top Official at Troubled Bank Reportedly Flees

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