Ablyazov's company loses $1.5 billion arbitrage case against KazakhstanThe 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.
04 December 2014
French court blocks extradition of Kazakh tycoon AblyazovOn 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.
Ablyazov cannot buy French justice: Advocate GeneralBeing an multi-billionaire Ablyazov can afford to buy anything he wanted, fund opposition political parties and create a committee of international human rights watchdogs to defend him, but he cannot buy the French Justice.
French court urged to extradite Kazakhstan tycoon AblyazovProsecutors on Thursday urged a French court to grant requests from Russia and Ukraine for the extradition of exiled Kazakh oligarch Mukhtar Ablyazov wanted on embezzlement charges.
Ablyazov’s wife asks to leave Kazakhstan, but is waved offAblyazov’s wife Alma Shalabayeva has applied to the Kazakhstan authorities asking for a permission to travel abroad, but was waved off for not providing a substantiation for the request.