Reply account by Valeri Belokon
25.10.2012.
According to German press law ETG is obliged to publish a reply account of Valeri Belokon.
The reply account is referring to a briefing by ETG from April 2010, where the connection of several banks in Kyrgyzstan was linked to corruption cases. Mr. Belokon asked the editors of ETG to publish the following correction:
„Eurasian Transition Group recognizes that:
Under German press law ETG admits its own negligence in respect of fact-checking and apologizes personally to Mr. Valeri Belokon, CJSC Manas Bank and LLC Maval Aktivi for having disseminated false and misleading information.
The reply account is referring to a briefing by ETG from April 2010, where the connection of several banks in Kyrgyzstan was linked to corruption cases. Mr. Belokon asked the editors of ETG to publish the following correction:
„Eurasian Transition Group recognizes that:
- Mr. Maxim Bakiyev has never been and is not owner and shareholder of CJSC Manas Bank; CJSC Manas Bank is solely owned by Mr. Valeri Belokon.
- Latvia-incorporated LLC Maval Aktivi, whose former owners were Mr. Valeri Belokon and Mr. Maxim Bakiyev has never been and currently is not connected or linked to Asia Universal Bank (AUB). LLC Maval Aktivi has not made any payments to Asia Universal Bank. No funds transfers and cash remittances have ever been made to Cyprus or Austria on behalf of LLC Maval Aktivi; LLC Maval Aktivi has never held any accounts in CJSC Manas Bank.
- Mr. Valeri Belokon has never been member of the Board of Directors of MGN Group and has never had any contacts or connection therewith.
- Mr. Valeri Belokon currently holds the post of Chairperson of the Council of JSC Baltic International Bank; he is not CEO of JSC Baltic International Bank and he was not CEO of JSC Baltic International Bank as for the date of publication of the article (April 22, 2010).
- Mr. Valeri Belokon is the sole shareholder of CJSC Manas Bank. Mr. Valeri Belokon has never held managerial positions at CJSC Manas Bank and has never been a member of the Board and/or a member of the Council of CJSC Manas Bank.“
Under German press law ETG admits its own negligence in respect of fact-checking and apologizes personally to Mr. Valeri Belokon, CJSC Manas Bank and LLC Maval Aktivi for having disseminated false and misleading information.
Kyrgyzstan: Maxim Bakiyev faces prolonged legal battle in West
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Legal pressure is building on Maxim Bakiyev, the son of Kyrgyzstan's former president.
Shortly after Bakiyev was detained in Great Britain on October 12, the American Embassy in the Kyrgyz capital Bishkek issued a statement saying the US government is seeking his extradition to "face trial in US federal court on serious charges of conspiracy to commit securities fraud and obstruction of justice."More ...
Shortly after Bakiyev was detained in Great Britain on October 12, the American Embassy in the Kyrgyz capital Bishkek issued a statement saying the US government is seeking his extradition to "face trial in US federal court on serious charges of conspiracy to commit securities fraud and obstruction of justice."More ...
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