Competent authorities are conducting investigative actions regarding the embezzlement of a large amount of funds in one of the regional branches of the People's Bank. This was reported by Upl.uz.
According to preliminary information, an employee of the Bank service center located in the Yangikurgan district of Namangan region is suspected of embezzling 9.5 billion soums. According to an official statement from the financial institution's press service, this case was identified during a planned audit conducted by the bank's internal security service in April 2025.
The investigation revealed that the employee used their position to illegally interfere with the bank's software and embezzled funds through this means. The management of the People's Bank emphasizes that a continuous comprehensive program is being implemented to combat and prevent corruption.
After a deficit was identified as a result of the internal audit, all materials were promptly submitted to the relevant law enforcement agencies. Currently, a criminal case has been initiated against individuals involved in this economic crime based on the relevant articles of the Criminal Code of the Republic of Uzbekistan.
The relevant authorities are conducting necessary investigative and operational measures to identify all circumstances and establish the full scope of individuals involved in the crime. Details of the suspects and the embezzlement scheme are not being disclosed in consideration of the investigation's interests.
The issue of cybercrime remains pressing in Uzbekistan's financial sector. From 2021 to 2024, the total damage caused to citizens by cybercriminals exceeded 1.9 trillion soums.
It has been reported that more than 98 percent of these attacks are related to fraud through bank cards. This situation once again highlights the need to strengthen financial security and enhance cybersecurity measures.
