Kazakhstan sentenced a former minister to 14 years in prison for embezzling millions while heading Kazakhstan's preparations for EXPO-2017.
The final decision on the extradition of fugitive billionaire from Kazakhstan Mukhtar Ablyazov to Russia will be ready this year.
The Ad hoc Committee of the International Centre for Settlement of Investment Disputes (ICSID) has denied the appeal of Netherlands-based company KT Asia Investment Group BV that demanded $1.5 billion in compensation from Kazakhstan for allegedly nationalising the company's minority share in BTA Bank.
Prosecutor General of Kazakhstan was not and is not negotiating extradition of Mukhtar Ablyazov from Russia, where he was ordered to be extradited by the French justice.
A French court authorised the extradition of exiled Kazakh oligarch Mukhtar Ablyazov to Russia and Ukraine, despite concerns over his safety.
Russian police arrests Alexander Potkin, a well-known nationalist, in connection with the BTA Bank embezzlement case worth $5 billion. French court restarts Ablyazov extradition hearings.
President of Ukraine Poroshenko announced that Ukraine would not cooperate with Russia in the case of fugitive Kazakh banker, who will be be extradited to either Ukraine or Russia.
Citizens accused of embezzling state property will be able to avoid imprisonment in case they fully compensate for it.
On Wednesday a French court of appeal blocked the extradition of exiled Kazakh oligarch Mukhtar Ablyazov, who wanted for embezzlement of around $6 billon in Kazakhstan, Russia and Ukraine.
Former top executives at Vietnam's scandal-hit national shipping company Vinalines went on trial Thursday for embezzlement and defying state regulations.
An Abidjan court on Wednesday sentenced 14 former bosses of Ivory Coast's cocoa sector -- the world's number one producer -- to 20 years in prison in a major embezzlement case.
Vienna’s Court of Auditors is in discussion of the request to check the owners of Medienquarter St. Marx media center.
Ablyazov has been arrested in the south of France near Cannes by French special forces today.
Almaty Financial Police Department has initiated a criminal case against Sultanbek Syzdykov for embezzlement of 23 million tenge.
For certain types of economic crimes, greater fines will be introduced as an alternative to deprivation of freedom.
Eight criminal cases have been initiated in Almaty in connection with production of counterfeit alcohol. $34 million returned to the budget by corrupt officials.
- Central Asia
- Mukhtar Ablyazov
- BTA Bank
- Asia Pacific
- Middle East & Africa
- Rakhat Aliyev
- Financial Times
- human rights
- Asian Games
- Nursultan Nazarbayev
- Karim Masimov
- Karim Massimov