IMAN Holding refutes claim of a $20 million 'financial hole' and announces reforms
Mahmud Usmon, presented as a former partner and chairman of the Islamic finance council of IMAN Holding, alleged violations in the use of investors' funds and a shortfall of about $20 million. The company explained this figure as a combination of three different indicators and announced reforms: a change in operational management, the creation of a Sharia Council, and the engagement of independent auditors.
Aziz Karimov