May 10, 2021

Extra

Cash Master Ablyazov's Beautiful Laundrette - II

ablyazov2It is like Doctor Faustus' pact with Mephistopholes: immediate benefit to be paid for in treacherous longer-term loss. But should the pact, preliminarily agreed upon between the current state-controlled board of BTA Bank, materialise, those who created the current mess will still be in charge of the process getting out of it. A mere glance at BTA's figures still looks very much like an anti-Hamlet scenario - with the Danish royalty surviving, Duncan holding the strings from abroad and no Fortinbras available to make a fresh re-start. Will the rest be silence...?

 

Cash Master Ablyazov's Beautiful Laundrette - I

ablyazov395A ten-billion-dollar kickback is something in America these days is likely to be considered a mere trifle in the face of a multi-trillion black hole in the system. For Kazakhstan, the country's largest bank's misappropriation's costs are an open wound in the population's households that will keep bleeding for years to come. The key to the issue is the man who holds the dagger and his name is Mukhtar Ablyazov, now huddling up in the plush of London Town with the likes of his fellow embezzler Boris Berezovsky. Will he end up as a Kazakh variant of the latter, or as a Kazakh Khodorkovsky?

 

Electric railway connects Xinjiang and Kazakhstan

The first electric train in Xinjiang Uygur autonomous region left Jinghe county in northwest Xinjiang at 11:00 in the morning on Friday, bound for the town of Horgos, on the Chinese border with Kazakhstan, according to a report from cnr.cn.

 

 

BP sells stakes in CPC, Tengiz to Russian Lukoil

BP sold its interest in Kazakhstan's Tengiz oil field and the Caspian Pipeline Consortium (CPC) to Russian Lukoil, as it completed the long-awaited exit from Kazakhstan.

 

Shipment bound for Middle East

marchrutCrew deny knowing plane carried weapons

 

 

RUSSIAN CARGO PLANE INTERCEPTED ON ASIAN WEAPONS RUN

samoletorujieThai authorities have seized tonnes of weapons from an eastern European plane travelling from North Korea.

 

Kazakh uranium boss trial to proceed

dzhakishev_mukhtarA criminal case against Mukhtar Dzhakishev, the former head of Kazakhstan's state uranium firm Kazatomprom, will proceed to court.

 

Kazakh Court Dismisses Rights Activist's Appeal

jovtisHuman rights activist Yevgeny Zhovtis was sentenced in September

 

Kazakh groups to snub London

Companies from Kazakhstan plan to move some of their fundraising away from London, according to the country's central bank governor, because UK investors failed to stand by the central Asian state during the financial crisis.

 

Kazakh leader removes head of security service

Kazakhstan's President Nursultan Nazarbayev has removed the head of the Central Asian country's security service after it clashed publicly with other law enforcement bodies.

 

'Assets don't fit new strategy': BP withdraws from talks on three Caspian blocks in Kazakhstan

'Assets don't fit new strategy': BP withdraws from talks on three Caspian blocks in Kazakhstan

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Kazakh minister sees no upside for Western-led giant oil developments this year

Kazakh minister sees no upside for Western-led giant oil developments this year

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Fugitive kleptocrat supports protest in Kazakhstan

Fugitive kleptocrat supports protest in Kazakhstan

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