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Kyrgyzstan: Banking Tussle Nearing Resolution?

A long-running conflict between Latvian banker Valeri Belokon and the government of Kyrgyzstan seems to be heading toward its denouement.

In an interview with EurasiaNet.org, Belokon said an arbitration hearing was scheduled for late December in Paris to resolve his dispute with Kyrgyz authorities. The legal tussle stems from the Kyrgyz government’s takeover of Manas Bank following the 2010 ouster of former Kyrgyz president Kurmanbek Bakiyev. “There should be a decision not too long after that,” Belokon said, referring to the hearing.

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Kyrgyzstan: Banking Tussle Nearing Resolution?

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