The English High Court has granted a worldwide injunction to freeze the assets of former BTA Bank chairman Mukhtar Ablyazov and other former top managers, according a BTA press release.
Featured
Featured
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)
Featured
By Maria Golovnina
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.
Featured
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.
Featured
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.
Featured
By Clare Nuttall
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.
Featured
Fuad Asimov
6 out of 10 of Russian-speaking people in Kazakhstan want to leave “the most economically developed and rich country of Central Asia”.
