Social Democrat (SPÖ) MP Anton Gaal has admitted to arranging a meeting between an Austrian detective and a member of the Kazakh secret service as a special government commission is to investigate claims Austrian politicians and journalists have been in the pay of the Kazakh secret service.

The suspect is thought to have tried to kidnap former Kazakh National Security Committee chief Alnur Musaev.

 

As Kazakhstan enters its third year of crisis, the long-awaited clarity about BTA Bank and Alliance Bank's restructuring is imminent. Kazakhstan's two other "Big 4" lenders - Kazkommertsbank and Halyk Bank - appear to be stable, but for the sector as a whole the growing burden of problem loans means that things could still get worse before they get better.

One month after the dismissal of Kazakhstan's Defense Minister Daniyal Akhmetov by presidential decree on June 17, persistent rumors are still circulating about his alleged suicide.

Turkmenistan has signed a landmark deal granting Caspian Sea gas exploration and extraction rights to a member of the Nabucco pipeline consortium, state media reported.

One month after the dismissal of Kazakhstan's Defense Minister Daniyal
Akhmetov by presidential decree on June 17, persistent rumors are still
circulating about his alleged suicide.

Astana, the capital of Kazakhstan, lies thousands of miles from London’s trading rooms – let alone the political lobbyists in Washington. This summer, however, Grigori Marchenko, the Kazakh central bank governor, has reason to follow the US and UK debate about the future of credit derivatives with particular interest.

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