Kazakhstan

Jailed Kazakh businessman pleads guilty to murder at behest of Mukhtar Ablyazov

bne IntelliNews February 19, 2018

Fugitive banker alleged to have in 2004 ordered Muratkhan Tokmadi to kill CEO of BTA Bank from which it is said $5bn was then siphoned off.

Kazakhstan to spend $60mn annually for three years on Astana International Financial Centre

bne IntelliNews February 13, 2018

The AIFC is a financial services hub to be run as a free economic zone modelled on Dubai’s International Financial Centre.

Buyback to clear way for London IPO of Kazakhstan’s NC KazMunaiGas

bne IntelliNews January 24, 2018

Extraordinary meeting strongly endorses move to purchase GDRs held in KMG Exploration and Production subsidiary by mainly international investors.

English court rejects Moldovan investor's request to appeal $500mn ruling in favour of Kazakhstan

Iulian Ernst in Bucharest January 23, 2018

Anatol Stati has taken steps to enforce the ruling in Swedish and Dutch jurisdictions, where assets of the Kazakh state have been appropriated, but Astana is seeking to reverse the ruling in the UK and the US.

EBRD posts another record lending year after boycotting Russia, spreading wings

bne IntelliNews January 18, 2018

Turkey, Egypt, Ukraine and Poland make up the top four investment destinations for the development bank, expected to post strong 2017 profits despite taking a hit from currency depreciations.

Dismiss