The “biggest leak of confidential files in the history of the oil industry” exposed Unaoil’s slippery backroom machinations.
The government in Kazakhstan has set a rare precedent by backing down over the planned land sales that sparked off a wave of major protests across the country.
Astana has pushed the national unity narrative so strongly that there is little space for policy disagreements.
Authorities are facing tough choices in Kazakhstan, as demonstrations against plans to sell and rent swathes of farming land threaten to evolve into a broader anti-government movement. Some analysts are cautioning that the situation is combustible.
Kazakhstan’s 25 years of political stability owe much to the leadership of President Nursultan Nazarbayev, making the prospect of the septuagenarian’s departure a significant source of the jitters for investors in the country.
Kazakh President Nursultan Nazarbayev, facing a growing wave of protests against planned changes to land ownership, evoked the image of war-torn Ukraine on Sunday as he called for national unity.
A press conference in Almaty on the proposed plans to rent land to foreign investors had to be cancelled April 29 after police detained the organizers.