Kapitalbank
Batyr Rakhimov, the Uzbek businessman and former owner of the Paxtakor football club, faced sustained negative coverage in the Turkish press in June 2021 as a US-citizen claimant pursued civil and criminal proceedings in Bodrum alleging he acquired a luxury hotel through a fraudulent $47 million cheque following the suspicious death of its owner.
Uzbekistan Tennis Federation Installs Kapitalbank Founder and Former Pakhtakor Chief as New Chairman
Batyr Rakhimov, founder of Kapitalbank and former long-serving president of Pakhтakor football club, was elected chairman of the Uzbekistan Tennis Federation on 17 February 2025 at an extraordinary conference overseen by the Ministry of Sport and the National Olympic Committee.
Batyr Ikramjanovich Rakhimov, founder of Kapitalbank and former Pakhtakor FC president, was elected chairman of the Uzbekistan Tennis Federation on 17 February 2025, adding a prominent sporting role to a business portfolio spanning finance, insurance, construction and food production—and raising standard governance questions about elite network concentration in Uzbek sport administration.
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