Events and opinions

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Court orders arrest in £2bn Kazakh bank fraud case

ablyazpv_140Mukhtar Ablyazov is accused of running one of the biggest frauds in history

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BTA Posted $52 Million Loss in First Four Months, Regulator Says

BTA Bank, Kazakhstan's biggest lender before the global credit crisis, had a loss in the first four months of the year, the nation's financial regulator said.

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Two killed as car explodes in Kazakh capital

An explosion killed two occupants of a car near the Kazakh security service's remand center in the capital Astana on Tuesday, shattering the windows of nearby houses, the Interior Ministry said.

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Ein Sumpf in der Steppe

nazarbaev_flag_140Bestechung gehört in Kasachstan zum Alltag. Trotzdem zieht das Land in Zentralasien immer mehr Firmen aus Österreich an. Die Grenzen zwischen beschenken und bestechen sind dort fließend.

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Borat is out of competition

boratLife is complicated, yet fun. Only recently I had an opportunity to tell a story about an erupted in our outskirts a Deputy from the Russian LDPR-party, Ashot Egiazaryane, who escaped from Moscow because of charges of fraud and who is now hanging out in California, fooling as a second Khodorkovskiy and requests political asylum. And here is a no less entertaining story about a Kazakh boy, Daniyar Nazarbayev. Also a complicated one... absurdly.

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BTA Bank Can Continue $4 Billion Ablyazov Case, Judge Rules

ablyazpv_140BTA Bank, the bailed-out Kazakh lender seeking to recover assets for international creditors, can continue its $4 billion fraud lawsuit against ousted Chairman Mukhtar Ablyazov, a U.K. judge ruled.

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New credit cycle begins in Kazakhstan

The economic recovery in Kazakhstan, driven by strong commodities prices, helped pull the country's troubled banking sector out of the crisis. And lending, which starting to resume in late 2010, is expected to pick up as Kazakhstan enters a new credit cycle.

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Kazakh billionaire buys $600m Moscow Ritz ahead of Glencore windfall

moscow-ritzVerny Capital, the Kazakh private equity firm whose lead investor is billionaire Bulat Utemuratov, has bought Moscow's Ritz-Carlton Hotel, ahead of a $3.2bn payout from the Glencore IPO.

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Kasachstan: Nasarbajew mit 95,5 Prozent wiedergewählt

kasachstan_nasarbajew_prozentDer autoritär regierende Präsident Nasarbajew bleibt mindestens bis 2016 im Amt. Die Wahlen hätten den "demokratischen Charakter" Kasachstans bewiesen.

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Kasachstan: OSZE kritisiert massive Fälschungen bei Präsidentenwahl

nazarbaev_naIn Kasachstan wird Herrscher Nasarbajew mindestens fünf weitere Jahre regieren. Die OSZE kritisierte die Präsidentenwahlen scharf - und prangerte massive Fälschungen an.

Experts of the Committee against Torture Commend Kazakhstan for Enhanced Legislation

Experts of the Committee against Torture Commend Kazakhstan for Enhanced Legislation

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Kazakh official: Not the time to resolve differences through war

Kazakh official: Not the time to resolve differences through war

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Oil majors sued by Kazakh government over billions in revenue

Oil majors sued by Kazakh government over billions in revenue

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