Uzbekistan seeks Interpol red notice for Fergana businessman Muminjon Yuldashev

September 20, 2026 at 01:50 PM2 min

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Uzbekistan has requested an Interpol red notice for Fergana businessman Muminjon Yuldashev on charges of embezzlement or misappropriation under Article 167, Part 3 of the Criminal Code. The notice was published on Interpol's official website. Yuldashev had met with Belarusian officials in April and July 2026 as a businessman and co-founder of INKAS.

Key Facts

Interpol published a red notice for Muminjon Yuldashev, born February 18, 1976, in Fergana region, at Uzbekistan's request.
The notice cites Article 167, Part 3 of Uzbekistan's Criminal Code, covering embezzlement or misappropriation.
In April 2026, Gomel regional executive committee chairman Ivan Krupko held talks with Yuldashev, introduced as a Fergana businessman.
In July 2026, Bellegprom concern chairwoman Nadezhda Lazarevich met a Fergana delegation in which Yuldashev was listed as co-founder of INKAS.
In 2019, the World Bank sanctioned Yuldashev and related companies over pressure on a rival bidder and collusion with public officials in a Syrdarya water supply project.

Interpol Red Notice

Interpol published a red notice for Muminjon Yuldashev at Uzbekistan's request, according to the organization's website. The notice lists Yuldashev's date of birth as February 18, 1976, in Fergana region, with height 175 cm and weight 95 kg. He is fluent in Uzbek and Russian. The legal basis cited is Article 167, Part 3 of Uzbekistan's Criminal Code, covering embezzlement or misappropriation.

Belarus Meetings

In April 2026, Gomel regional executive committee chairman Ivan Krupko held negotiations with Yuldashev, who was introduced as a Fergana entrepreneur. In July 2026, Bellegprom concern chairwoman Nadezhda Lazarevich met with a Fergana region delegation that included Yuldashev as co-founder of INKAS. Yuldashev held a stake in private Madad Invest Bank in 2023 but is no longer listed among its shareholders.

World Bank Sanctions

In 2019, the World Bank imposed sanctions on Yuldashev and related companies after an investigation into a water supply project in Syrdarya region. The bank found that Yuldashev pressured a representative of a competing bidder and colluded with public officials. Yuldashev, Quvasoy Tamir Qurilish (later renamed Stroy Montaj Invest), and affiliated structures were barred from World Bank projects for several years. The decision triggered cross-sanctions by other international financial institutions. A 2022 UzInvestigations report identified Yuldashev as a major shareholder and supervisory board chairman of Madad Invest Bank, linked to construction, textile, and footwear enterprises including Baxodir Log'on Tekstil, Vodiy Shoes, and Royal Dizayn Loyiha.