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Moldovan investor wins $1 million in court against Kazakhstan Society

Moldovan investor wins $1 million in court against Kazakhstan

The story with seizure of the oil business belonging to the Moldavian billionaire Anatol Stati ended up with loss for Kazakhstan at the Stockholm arbitration court. The oligarch managed towin by court action 506 million dollars (but together with penalties  -  about 1 billion), having proved that in 2010 the Kazakhstan authorities illegally took his oil and gas business. “Ak Zhaik” wrote about this conflict where politics, oil and corruption were mixed, that ended with intricate scenario of Moldovan national escaping from Atyrau prison. January 14 2014, 11:11 5 435 views
STF of Interior Ministry Investigating Murder of Businessman in West KZ Oblast Kazakhstan News

STF of Interior Ministry Investigating Murder of Businessman in West KZ Oblast

Last night three unknown persons boldly attacked the house of the farmer Vitaly Karkula - a well known businessman in Zelenovsky district of West Kazakhstan Oblast and shot him dead during the night assault. His spouse Valentina Karkula, the deputy of the regional maslikhat (local government) was badly injured and now is in intensive care unit, azh.kz reports citing “Moi Gorod” Internet portal.  January 13 2014, 16:09 2 153 views
Kazakh song of gestures stole American heart Kazakhstan News

Kazakh song of gestures stole American heart

Things lost in translation and the cultural gap are not jokes in the modern age of seemingly enhanced global communication. But a story of love that surpasses barriers like language, culture and even silence will certainly melt the hearts of even hard-boiled skeptics. The story starts with Aaron Bean who volunteered in 2011 to be a part of Peace Corps in Kazakhstan and fell in love with a deaf Kazakh girl Botagoz Usenova, tengrinews reports.  January 13 2014, 10:20 2 184 views
Moldovan investor Wins $506 Million Arbitration Award Against Kazakhstan Kazakhstan News

Moldovan investor Wins $506 Million Arbitration Award Against Kazakhstan

King & Spalding secured an arbitration award of $506 million, plus interest, against the Republic of Kazakhstan on behalf of Moldovan investors Anatolie and Gabriel Stati and their companies, Ascom SA and Terra Raf Trans Traiding Ltd. The award is the largest award under the Energy Charter Treaty and the third-largest treaty arbitration award in history marketwired.com reports January 10 2014, 18:09 3 136 views