All news on the topic: Batyr Tursunov

Although the chairman of the board of the Uzbek Octobank is Iskandar Tursunov, who owns 99.16% of the shares, the actual beneficiaries of this bank are the family of the current president of the country, Shavkat Mirziyoyev.

A new investigation reveals that Uzbekistan’s Octobank — formally owned by a little-known figure but effectively controlled by President Shavkat Mirziyoyev’s powerful family — has become a key hub for laundering Russian money through casinos, payment systems, and crypto exchanges.

Although the owner of the Uzbek Octobank is formally listed as the bank’s chairman of the board, Iskandar Tursunov, who owns 99.16% of the shares, in fact, the beneficiaries of Octobank are the family of the country’s current president, Shavkat Mirziyoyev.