Uzbek companies transferred

RUSSIA / FSU POLITICS - In Brief 18 Sep 2020 by Alex Teddy
On September 18 Ozodlik published an article saying that cabinet sources revealed that six major industrial and energy companies have been transferred to the trust of SFI Management Group. SFI Management Group is owned by Alisher Usmanov who is a Russian-Uzbek oligarch.Usmanov said that the company belongs to Kabul Shodiev who is the elder brother of an Uzbek-Kazakh oligarch Farrakh Shodiev. Since 2017 other Uzbek companies were transferred to SFI Management Group. These include Uzbek Metallurgical Plant, Almalyk Mining and other metallurgy companies. A meeting took place at Uzmetkombinat on September 4. On September 8 the chairman of the Uzbek Metallurgical Plant Sergei Vyunenko died aged 42. There are conflicting explanations of these cause of death.

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