On August 24 the legal system of Kazakhstan faced «double strike» from Almaty intelligentsia. The Almaty artists, musicians and actors decided to support the journalists of Respublica. Business Review. Bank Turan-Alem (BTA) filed a lawsuit in the amount of 80 million tenge against the newspaper due to the damage, caused to business reputation. On the other hand, creative people had own opinion on that situation. (photo: Kanat Ibragimov is taking off his underwear in support of BTA-Bank)
Face wrapped in a thick scarf against clouds of blinding dust, the electrician gazed at a maze of pipes and pumps teeming with 15,000 workers and said his work was like building the Tower of Babel.
The claim BTA Bank filed against Kazakhstan’s opposition newspaper Respublika may lead to the closure of the newspaper, said deputy editor-in-chief Oksana Makushina.
Former CEO of Alliance Bank and Eurasian Bank Zhomart Yertayev and his deputy Aleksei Ageyev have been arrested last weekend in connection with several deals sealed during their tenure at Alliance, the KazTAG news agency reported on Monday.
Official data on non-performing loans is only the tip of the iceberg and drastic action is needed to stop the mountains of debt from dragging Kazakhstan’s economy into a lengthy recession, warns KazInvestBank’s chief executive, Adnan Ally Agha.
6 out of 10 of Russian-speaking people in Kazakhstan want to leave “the most economically developed and rich country of Central Asia”.
Last October, Adil Nurmakov, a popular blogger in this Central Asian republic, started having mysterious problems accessing his account on the popular website Livejournal.com.
