Kazakh President Nursultan Nazarbayev said Tuesday that he was stepping down, touching off a potentially perilous period of transition in one of the world’s most geopolitically fragile regions.
Nazarbayev has ruled Kazakhstan, Central Asia’s largest country, since it became an independent state with the collapse of the Soviet Union. On Tuesday, he said in a nationally televised address that after nearly 30 years in power, it was time to leave the presidency.
Kazakhstani President Nursultan Nazarbayev will turn 79 in July, and talk of an impending succession has significantly intensified since the end of last year. Numerous local experts noted the harsh criticism that the president leveled at domestic utilities companies during a November 2018 session of the Security Council.
Dozens of people have been detained while attempting to demonstrate in Kazakhstan’s capital as the ruling party held its congress in the wake of a major government reshuffle triggered by the country’s weak economic performance.
Police in Taraz – including anti-terrorism officers – raided two Baptist worship meetings on successive Sundays in February. Police summarily fined three Baptists and issued two warnings.
Kazakhstan’s BTA Bank JSC paid Donald Trump’s former attorney Michael Cohen to help recover stolen money allegedly laundered in the U.S. and has spoken with American prosecutors probing Cohen’s activities, a lawyer for the bank said, confirming part of Cohen’s congressional testimony.
After the abrupt firing of the Kazakh government last week, a new cabinet was immediately approved.
In the three years since the death of President Nazarbayev’s former son-in-law Rakhat Aliyev, investigators and researchers have tried to piece together the schemes that allowed him to launder his significant wealth.
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