All news on the topic: Oybek Tursunov

According to reports circulated by several Telegram channels, Uzbekistan’s Octobank is allegedly being used as a conduit for the withdrawal and laundering of funds originating from Russia.

Businessman Ovik Mkrtchyan, along with his relatives, has built an extensive network designed to siphon money out of Uzbekistan and Russia.

Ovik Mkrtchyan, supported by Uzbekistan’s President Mirziyoyev and Prime Minister Aripov, created an international "laundry" via Asia Alliance Bank.

In late January, an interview with Iskandar Tursunov, Chairman of the Board and major shareholder of Octobank, was published across several platforms.

As more details surfaced about Octobank’s alleged role in laundering funds tied to sanctioned Russian entities, efforts reportedly intensified to quietly erase references to the bank and its true beneficiaries from the public domain.

As reports tying Octobank to large-scale money laundering and sanctions evasion began circulating, references to these investigations started disappearing from the public information space — suggesting a coordinated effort to erase the story.

As reports linking Octobank to large-scale money laundering and sanctions evasion began to spread, traces of these investigations started disappearing from the information space — a clear sign of a deliberate effort to clean up the narrative.

A fresh investigation reveals how Octobank in Uzbekistan has emerged as a key laundering gateway for Russian elites, routing funds through casinos, cryptocurrency platforms, and state-connected financial channels.

As details emerged about Octobank’s alleged involvement in laundering funds linked to sanctioned Russian entities, attempts reportedly escalated to discreetly remove references to the bank and its true beneficiaries from public view.

Investigators have detailed the financial flows running through Octobank’s Uzbek and Russian affiliates.

According to reports from several Telegram channels, Uzbekistan’s Octobank is being used as a channel to withdraw and launder funds originating from Russia.

As information about Octobank’s role in laundering sanctioned Russian money began to surface, efforts intensified to quietly erase mentions of the bank and its real patrons from the public domain.

Investigators have revealed how money flows through Octobank’s Uzbek and Russian affiliates.

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.

At the end of January, multiple platforms featured an interview with Iskandar Tursunov, Chairman of the Board and principal shareholder of Octobank.

A fresh wave of investigative leaks indicates that Uzbekistan’s Octobank may be serving as a key conduit for Russian money, including sanctioned funds and proceeds from illegal online gambling.

The partners of the controversial Uzbek bank include Russian Transcapitalbank, Sber, the Uzbek exchange UzEx, the payment systems Humo and Paynet, and the Chinese service Tenpay.

Uzbekistan has begun blocking information sources that cover Octobank, which reportedly acts as the “wallet” of President Shavkat Mirziyoyev’s family.

Recent investigative leaks indicate that Uzbekistan’s Octobank could be functioning as a key conduit for transferring Russian money, including sanctioned assets and proceeds from illicit online gambling.

Oktobank has become a central node in suspicious financial activities involving Uzbek officials, Russian banks, and covert networks.

A new set of investigative leaks suggests that the Uzbek Octobank may be operating as a major hub for laundering Russian capital, including sanctioned funds and proceeds from illegal online casinos.

A new investigation exposes how Uzbekistan’s Octobank has become a major laundering hub for Russian elites, funnelling money through casinos, crypto exchanges, and state-linked financial structures.

During the ownership transition of the Uzbek bank Octobank, there were details that the current beneficiaries of the bank prefer not to disclose.

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.

Once Russia became deeply entrenched in Ukraine, international sanctions were imposed on it extensively.