The Shadow Investor

Published: April 27th, 2023

Banner: James O'Brien/OCCRP

For years, one man colluded with corrupt customs officials to dominate the vast flow of Chinese imports — everything from t-shirts to high-end electronics — that sustain Central Asia.

He raked in massive profits. He built powerful secret alliances. His employee admitted to laundering hundreds of millions of dollars on his behalf. Then he was exposed, his top government patron pleading guilty to corruption and landing on a sanctions list.

You’d think the authorities would crack down. But you’d be wrong.

Today, Khabibula Abdukadyr and his family have transformed their shadowy fortune into a global empire. The same companies that were used to funnel laundered funds have become investors in expansive real estate developments, gleaming residential and office towers, mosques, markets, factories, and more.

This is the story of how a man accused of building a vast smuggling empire has turned himself and his brothers into big-time businessmen — as Central Asian governments welcomed their money with open arms.

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About The Project

Previous Investigations

Plunder and Patronage in the Heart of Central Asia

Our initial investigation about Khabibula Abdukadyr and how his alliance with Kyrgyz customs officials enabled him to build a Central Asian trading monopoly. Based on documents provided by Abdukadyr’s self-confessed money launderer, who was gunned down in Istanbul weeks before publication.

Read the article

The Matraimov Kingdom

In 2020, we investigated the continued political influence and unexplained wealth of Raimbek Matraimov, Khabibula Abdukadyr’s ally in the Kyrgyz customs service. His political ambitions helped spark a revolution — and he has since been convicted of corruption.

Read the article