Presidents’ decree on protection of shareholders in Roghun legalizes illegally earned capital, says lawyer

DUSHANBE, December 30, 2009, Asia-Plus  — President’s decree on protection of rights of shareholders in Roghun may help attraction of funds for constriction of the Roghun hydroelectric power plant (HPP) to a certain extent, lawyer Shokirjon Hakimov said in an interview with Asia-Plus. Actually, this decree legalizes capital earned by some residents of our country […]

Payrav Chorshanbiyev

DUSHANBE, December 30, 2009, Asia-Plus  — President’s decree on protection of rights of shareholders in Roghun may help attraction of funds for constriction of the Roghun hydroelectric power plant (HPP) to a certain extent, lawyer Shokirjon Hakimov said in an interview with Asia-Plus.

Actually, this decree legalizes capital earned by some residents of our country illegally, he noted.  “Persons who had taken into possession large financial and material resources during the civil war due to being closely connected with the country’s authorities now have a good chance to legalize them,” said the lawyer, “Now, obtaining a guarantee, they will be buying a large number of shares in Roghun with no fear.”

“However, open joint-stock company (OJSC), NBO Roghun, is not exactly OK in terms of legislation,” said Hakimov, “The president now must submit a bill on amendments to the law, under which the Roghun HPP was declared as exclusively public property, to the parliament.”

He further added that focusing Tajik society’s attention on the Roghun HPP served the government’s purpose to distract people’s mind from the upcoming important political event – parliamentary elections set for February 28, 2010.        

Article translations:

Related Articles

Оби зулол

Most Read

Join us on social media!

Recent Articles

Farzona Emomali, the daughter of the President of Tajikistan, became a Candidate of Sciences in Medicine

Since August 2025, she has been the head of the Department of Reforms, Primary Health Care, and International Relations of the Ministry of Health of the Republic of Tatarstan.

Two cemeteries are being demolished in Dushanbe and what will be built on the vacated site?

A correspondent from "Asia-Plus" visited two cemeteries to show you how it happens.

Digital transformation of Tajikistan: from online services to a new economy

Governments across the world are entering a critical phase...