President of Kyrgyzstan, Kurmanbek Bakiev, signed a decree passing control over all economic crimes to the State Financial Police department. The decree signed on Monday, January 11th, gives the body authority to prevent, suppress, solve and investigate all kinds of economic wrongdoings in the country, news agency "24.kg" reported.

According to the presidential press service, the measure has been taken to tighten control over economic malefactions and eradicate duplicating functions of the administrating officials.

With the present decree, the president tasked the Ministry of Interior Affairs to delegate staff, functions, logistic basics and special equipment to the department for immediate start of work. Therewith, the government has to regulate all organizational and financial issues.