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Kashagan tribunal rejects $12 billion of Kazakh claims as time-barred, Bloomberg reportsKyrgyzstan shuts 52 firms and 240 accounts over sanctions risk, envoy tells diplomatsTurkmennebit and CNOOC sign on Caspian blocks among five OGT documents with no sumsBektenov lists 22 documents for $4.8 billion at KGIR, two memoranda at $1 billion each
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Kyrgyzstan shuts 52 firms and 240 accounts over sanctions risk, envoy tells diplomats

Bakyt Sydykov, the president’s special representative on sanctions policy, briefed foreign heads of mission on 21 October: 52 legal entities have ceased activity, forced liquidation has begun against 57, 25 companies are under inspection and state banks have closed more than 240 accounts, the economy ministry said in a 24.kg report at 16:32 Bishkek. Kroll is being hired to assess sanctions compliance.

By CAW Staff23 October 2026
A schematic of thin lines converging on a central node, several of them cut by clean gaps, one gap marked in amber.

The figures came from the ministry of economy and commerce, which reported the briefing, and carry no period or base on the page. “State banks have decided to stop servicing more than 240 accounts. In addition, the international consulting company Kroll is being engaged for an independent assessment of sanctions compliance systems,” the ministry said, in 24.kg’s quotation. Measures on export control, regulation of virtual assets and prevention of sanctions risks were also presented, and the briefing discussed information exchange and expert consultations with partners. State banks have closed more than 240 accounts.

The page lists what the briefing answers. The EU’s 21st package named three Kyrgyz firms and EcoIslamicBank, and the EU has restricted the Bishkek-registered crypto platform TengriCoin, Keremet Bank and Capital Bank, and banned supplies to the republic of CNC machine tools and complex communications equipment, 24.kg wrote. From 2024 to 2025 measures by the United States, Britain, the EU and Canada reached Capital Bank of Central Asia, Tolubai and Eurasian Savings Bank, the payment platform A7 and the crypto exchanges Grinex and Meer, with the first sanctions on private Kyrgyz companies applied in June 2024.

State banks have closed more than 240 accounts.

The headline says more than 100 companies and the body never adds its figures up. Fifty-two closures and 57 liquidations make 109 by CAW’s arithmetic, with 25 inspections apart. AKIpress’s headline on the same briefing gives 52 companies, and an earlier, undated AKIpress headline speaks of forced liquidation of 35 companies, a figure no page read reconciles with the 57.

The briefing reached diplomats in Bishkek the day before the order implementing the Graham act appeared in the Federal Register, with its 100% duty on the top five facilitators of Russian oil sanctions evasion and no names attached, as CAW reports today. Sydykov’s numbers are Bishkek’s answer to a list that does not yet exist.

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