Kazakhstan's state-run "bad bank" will buy 2.4 trillion tenge ($7.5 billion) of bad loans from Kazkommertsbank, the country's biggest lender by assets, paving the way for a takeover by its closest rival, the central bank said on Wednesday.
L’homme d’affaires kazakh donnait des infos aux agents belges et demandait des faveurs en retour.
Kazakhstan is facing the growing prospect of an international backlash over a crackdown on labor unions that has curtailed workers' rights and increased the likelihood of social unrest and political destabilization.
Following the formal end of national discussions in Kazakhstan on constitutional reforms intended, if only on paper, to rebalance authority away from the president toward the executive and the legislative, President Nursultan Nazarbayev has ruled the issue should be considered further in parliament.
Swiss prosecutors announced Thursday that they are investigating whether private bank Lombard Odier failed to prevent the daughter of former Uzbek president Islam Karimov from laundering money.
The agreement to start the Foundation emerged in 2007 after more than two years of discussion between the Governments of the United States, Switzerland and Kazakhstan (known as “the Parties”) about the disposition of $84 million, plus interest, that had been frozen in a Swiss account since 1999.
Kazakhstan’s renewed efforts against corruption might mask a strategy aimed to silence opposition figures and activists.
