First meeting with Nurgazy Nurgaziev and start of discussions regarding investment

First Major Problem, and Solution (note 1)

“Breakup” between Nurgazy and his former business partner

Nurgazy and his former business partner split the business. We invest in OcOO Trilight

Initiated discussions and meetings with potential foreign partners and investors

Nurgazy asking for a loan. The start of many problems

After receiving the investment, Nurgazy goes shopping. Buys a hunting rifle, shop and other items

Problems started

Nurgazy’s offers to buy our shares after we failed to resolve the problems

Our offer to buy Nurgazy’s shares

Nurgazy provides financial information. Was it falsified?

The First of Many Legal Actions

Prime Minister’s office gets involved

Financial Police opens investigations

Investigations closed because Prime Minister shuts down Financial Police

State Service for Combating Economic Crimes (GSBEP), Financial Police’s successor, opens investigations

GSBEP closes investigations

Prime Minister’s office asks GSBEP reasons why the investigations were closed

Prime Minister’s office again asks GSBEP reasons why the investigations were closed

GSBEP responded but did not provide detailed reasons

SIA refers the case to GSBEP. GSBEP review the files from their own investigations and concludes that the reason for closing the case was weak. GSBEP seeks permission from General Prosecutor to reopen investigations.

General Prosecutor grants permission to reopen investigations.

GSBEP closes investigations.

Newly established Investment Promotion Agency writes to the General Prosecutor’s office

General Prosecutor’s office responds, concluding that the reason for closing the case was unjustified

GSBEP refused to reopen investigations. The General Prosecutor’s office sent the case back for additional investigation. GSBEP decided to open investigations.

GSBEP closed investigations.

General Prosecutor’s office asked the case to be investigated again

GSBEP asks General Prosecutors office to investigate the case

Bishkek Prosecutor’s Office said they are ready to investigate the case

A criminal case is opened

Criminal case was transferred to the Investigative Department of the Pervomaisky District Internal Affairs Department for further investigation

Criminal case was suspended

We wrote to the President of Kyrgyz Republic

The Prosecutor cancelled the decision to suspend the criminal case

We start publishing details of our case