09 November 2014 | 12:44

Kazakhstan isn't negotiating re-extradition of Ablyazov from Russia

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Kazakhstan has not and is not negotiating re-extradition of the former BTA head Mukhtar Ablyazov from Russia, Tengrinews correspondent reports citing the press service of the Prosecutor General's Office of Kazakhstan.

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Kazakhstan has not and is not negotiating re-extradition of the former BTA head Mukhtar Ablyazov from Russia, Tengrinews correspondent reports citing the press service of the Prosecutor General's Office of Kazakhstan.

A French court ordered extradition of the fugitive tycoon to Russia, where he is accused of embezzling $5 billion. The man was detained in Nice in 2013.

"The Prosecutor General's Office of Kazakhstan has not and is not negotiating re-extradition of Ablyazov from Russia or Ukraine and assures that it will strictly adheres to the principles of international legal cooperation, respecting all the agreements and obligations of the participants of the international legal cooperation," they said in a statement.

They also said that Kazakhstan’s extradition request continued to remain at the initial stage at the French Ministry of Justice.

"The Prosecutor General’s Office of Kazakhstan intends to continue further consultations with the competent authorities of France to expedite extradition procedures on the request submitted earlier by Kazakhstan," they added.

In Kazakhstan Ablyazov he is accused of embezzling $6 billion from BTA Bank and other major financial crimes. He is facing up to 13 years in prison with confiscation of property. Ablyazov is also wanted in Ukraine, where he is accused of embezzling $400 million.

By Dinara Urazova

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