A court in Karaganda has issued a guilty verdict in a case involving the theft of 339 million tenge in government subsidies. The money was allocated to reduce the cost of milk under the National Project "Development of the Agro-Industrial Complex."

The investigation was conducted by the Financial Monitoring Agency’s Department in the Karaganda region.

The head of the farming enterprise “DIAS,” along with a local veterinarian, submitted fake documents to receive subsidies. They falsely claimed to own cattle and to be producing and selling dairy products.

In reality, the farm only had a small and unsuitable facility, and no actual dairy production or processing was taking place.

Some of the stolen funds were used to buy 60 breeding bulls of a meat breed. This led to an additional illegal gain of 9 million tenge in subsidies.

The court found them guilty of fraud (Article 190, Part 4, Point 2 of the Criminal Code), money laundering (Article 218, Part 2, Point 1), and illegal destruction or modification of information (Article 206, Part 3, Point 2). They were sentenced to between 5 and 6 years in prison.

The court also approved a civil claim by the Department of Agriculture for the full 339 million tenge.

The verdict has not yet come into legal force.

Source : https://www.gov.kz/memleket/entities/afm/press/news/details/981214?lang=kk