It's a Gas: Funny Business in the Turkmen-Ukraine Gas Trade
It's a Gas: Funny Business in the Turkmen-Ukraine Gas Trade (2006)2006 · Report · Sections 'The dictator and Deutsche Bank' and 'The off-budget funds'EstablishedSource attached · not independently reviewedCLM-1189 · as of 2026-10-30 · about: Turkmenistan under Niyazov: personalist rule and gas rents (1991–2006) · Author: Polity Atlas editorial team
“Global Witness reported in 2006 that most of Turkmenistan's gas revenue was held in off-budget foreign-currency funds created by presidential decree and under Niyazov's personal control, mainly the Foreign Exchange Reserve Fund at Deutsche Bank, and that about 75% of state spending appeared to take place off-budget.”
Context. The estimates come from Global Witness's sources; Turkmenistan published no budget data that could confirm or refute them.
Evidence that supports
2Turkmenistan: New Leader Should End Rights Abuses
Turkmenistan: New Leader Should End Rights Abuses (2006)2006 · Web page · He personally controlled the foreign-held hard currency accountsEvidence that contradicts
0No counter-evidence recorded.
Status history
No earlier revisions.
Disputes
No disputes have been filed.