OREANDA-NEWS. October 12, 2011. IBC participated in the first auction to sell the nationalized projects. The auction was organized by the Fund to manage the nationalized property under the Ministry of State Property of the Kyrgyz Republic, reported the press-centre of IBC. 

At the auction, a cottage # 56 was realized. It is located within the Caprice Recreation Center in the village of Baktuu-Dolonotu in the Issyk-Kul Oblast.

The Bavaria-38 Cruiser yacht was sold with a 25 percent discount. Initially the cost of the yacht was set at USD 69,000. In 2010, the interim government of Kyrgyzstan adopted a Decree on the nationalization of these objects, which, according to the government belonged to the family of ex-President Kurmanbek Bakiyev.