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Owner of Company Spearheading Kyrgyzstan’s Planned ‘Eco-City’ Had Business Links with Gov’t Official’s Son
['Reported By']
OCCRP
Reporters found the investment agreement in a government database attached to a decree from the Cabinet of Ministers approving the agreement for the project.
Under the terms of a draft investment agreement, RedStone pledged a $20 billion investment in the eco-city — a sum that is close to Kyrgyzstan’s entire gross domestic product in 2025.
He took over the company after the draft agreement was drawn up.
At the time RedStone was named in the draft investment agreement, the firm's director was a woman named Leila Imin.
Neither Tumanbaev nor the directorate responded to questions about the inclusion of Module House in earlier plans for the Asman development.