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Kazakhstan News

English Court of Appeal upholds judgment sentencing Ablyazov to prison Kazakhstan News

English Court of Appeal upholds judgment sentencing Ablyazov to prison

Former BTA Bank Chairman Mukhtar Ablyazov lost his appeal against two major High Court decisions. One sentenced him to 22 month of imprisonment terms for contempt of court. The other required him to turn himself in to the relevant authorities and make proper disclosure of his assets or forfeit the right to defend eight of the claims against him brought by BTA Bank, with a combined value of over $6 billion. This victory will help expedite the recovery of assets misappropriated from the Bank by Ablyazov. November 7 2012, 09:52 1 880 views
Version: Arkankergen faced assault, five detained Kazakhstan News

Version: Arkankergen faced assault, five detained

"Mayday.. mayday. Arkan on the line... Taking fire! Need assistance!" shouted one of the frontier guards over the radio warning the others of an assault by unknown forces. Kazakh police tapped the message. The neighbors in China learnt of the attack on Kazakh frontier post as well. Operational group rushed to there and captured five of the attackers only to soon release them after unexpected interference of side forces. November 6 2012, 17:41 2 813 views