$120 million was returned to the budget of Kazakhstan in the case of assets illegally withdrawn from the country Kairat Satybaldy – the convicted nephew of the country’s former president Nursultan Nazarbayev. About it reports the press service of the Kazakhstan Anti-Corruption Agency.
“Only in December of this year. as a result of the measures taken by the Anti-Corruption Service, the return of K. Satybaldyuly’s funds was ensured in the total amount of 120 million US dollars, which exceeds 55.4 billion tenge. These funds were sent to the republican budget to compensate for the damage caused to the state,” the statement says.
Liter.kz, 05/31/2023, “The case of Kairat Satybaldyuly: how much exported money was returned to Kazakhstan”: In total, since the beginning of the investigation of the case, money and property totaling over 464 billion tenge, which were illegally acquired by Satybaldyuly and persons associated with him, have been returned to the state. The list includes administrative buildings, exclusive jewelry, luxury cars, cash, stocks and shares in companies, as well as railroad tracks. — Insert K.ru
The Anti-Corruption Service stated that over the past two years, assets worth more than 912 billion tenge (almost $2 billion) have been returned to the budget and entities of the quasi-public sector. The assets include not only money, but also administrative buildings, exclusive jewelry, luxury houses, apartments and cars, shares and shares in companies, and railway tracks.
Kairat Satybaldy is the son of Satybaldy Nazarbayev, the brother of the first president of Kazakhstan who died in a car accident. He subsequently took his father’s name as his surname. Kairat owned almost a quarter of the monopolist in the Kazakh telecommunications services market through the company Skyline Investment Company SA. Over the years, he served in the National Security Committee, was actively involved in politics and business, and became one of the richest people in Kazakhstan. In the republic he was considered the financial manager of the Nazarbayev clan and the patron of the Salafis – followers of a branch of Islam known for its radicalism.
On March 13, 2022, the businessman was detained by the anti-corruption service of Kazakhstan on suspicion of abuse of power and theft of Kazakhtelecom funds on an especially large scale. The next day, searches were carried out in the capital office of the company; a month later, companies controlled by the businessman returned the package to state ownership 28.8% shares of Kazakhtelecom.
On September 26, 2022, the court sentenced Satybaldy to six years in prison in the case of theft at Kazakhtelecom JSC and CFTS JSC. In November of the same year, exclusive precious stones and jewelry worth over $230 million were returned to Kazakhstan in the case of a businessman.
Fergana.Ru, 02.11.22, “In the case of Nazarbayev’s nephew, jewelry worth $230 million was returned to Kazakhstan”: Jewelry was returned from foreign countries during an investigation against Satybaldy (Satybaldyuly) and other persons for the legalization (laundering) of money and other property obtained by criminal means. The department also established the fact that Satybaldy had invested $300 million in foreign securities. This amount should soon go to the budget of Kazakhstan. — Insert K.ru
Satybaldy is serving his sentence in a medium security correctional facility. The other day he filed a petition on parole, however the court refused himexplaining that “the behavior of the convicted person is not impeccable.”
Original of this material
© Orda.kz06.06.2023, Illustrations: Orda.kz
It is noteworthy that over the three years of the company’s existence, the dynamics of tax revenues grew exponentially. If in 2021 taxes amounted to 11 million, then in 2022 it will already be more than 100 million tenge. In the current year 2023, one can notice an abnormal increase of almost 2 billion tenge. Whether this is related to the sale of the hotel at the beginning of the year is a rhetorical question.
Thus, on January 12, 2023, Baidala V LLP and Kairat Satylbaldy enter into a purchase and sale agreement for the hotel complex. By the way, Satylbaldy was already in prison at that time, so he could not conclude the deal on his own.
This was done instead by a certain Adilet Abilay, born in 1994. On behalf of Kairat Satybaldy, on the basis of a power of attorney issued back in October 2022, he entered into an agreement to purchase the DoubleTree by Hilton hotel. By the way, the power of attorney was issued by the notary of the city of Astana, Araylym Beisenbaeva.
The transaction amount was almost 6.5 billion tenge. Of these, about 6 billion is for the cost of the administrative building, and the remaining 500 thousand tenge is for the land plot.
What will happen next?
Mazhilisman Maksat Tolykbay and businesswoman Sholpan Karaneeva herself have already sent all complaints to Antikor and the Prosecutor General’s Office.
IN parliamentary request And businesswoman’s statement it refers to a criminal group led by Kairat Satybaldy. According to the text, it includes:
Capital Bank employees
Director of the collection agency “Zanger” – Aigul Zakaryanova
Director of Baidala V LLP – Bakhytzhan Kulbaev
Appraiser of “House of Appraisal” LLP – Ardak Ondasbaev.
Businesswoman Sholpan Karaneeva tells the media that today interested groups are actively working to transfer the hotel into state ownership on behalf of Kairat Satybaldyuly, in order to then register it in their name through an auction at a reduced cost. Thus, despite the arrest of Satybalda, raiding continues. […]