Why Kazakhstan is seizing jewels really worth $230 million from ex-leader's nephew | World News

Why Kazakhstan is seizing jewels really worth $230 million from ex-leader's nephew | World News [ad_1]

Kazakhstan's anti-corruption company claimed Wednesday it experienced seized jewels really worth additional than $230 million, in a scenario involving the nephew of ex-chief Nursultan Nazarbayev.

"As a outcome of operational-look for actions, exceptional gems and important stones really worth 230 million US bucks" ended up seized, the company claimed in a assertion.

The company gave no particulars on what form of stones ended up seized.

It verified to AFP the jewels ended up identified as element of a new investigation versus businessman Kairat Satybaldy, a nephew of Nazarbayev.

Nazarbayev, now eighty two, dominated the Central Asian state from 1991 till 2019.

Satybaldy was arrested in March and billed with embezzlement from nationwide telecommunications operator Kazakhtelecom and "other crimes undermining point out protection."

He was handed a 6-yr jail time period in September.

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Satybaldy is the initial member of the Nazarbayev relatives to be arrested.

The anti-corruption company also claimed Wednesday that $three hundred million that he experienced invested overseas will be "quickly be provided to the funds of Kazakhstan."

In January 2021, additional than 230 men and women ended up killed in riots in the Central Asian state, their lead to are nonetheless mysterious.

Present President Kassym-Jomart Tokayev experienced believed that they ended up the outcome of a plot from overseas, stating "terrorists" needed to just take electricity, without having at any time supplying proof to this assert.

Tokayev, who is operating for re-election on November twenty, has due to the fact carried out to reinforce his situation and weaken that of his authoritarian predecessor.

The cash Astana, which was renamed in honour of Nazarbayev in 2019, regained its unique identify in September.

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