Jusan Bank has been returned by the government to its owners through an international agreement in an ongoing dispute since 2019. In the background is the cleanup and eradication of the Nazarbaev family's power ramifications carried out by Tokaev limiting trauma to the
A fire broke out in the north-eastern Abai region, killing at least 15 and causing the loss of dozens of thousands of hectares of forest area. It took days for emergency workers to extinguish the fire. President Kassym-Jomart Tokayev dismissed the minister of emergency situations Yuri Ilyn and the deputy prosecutor general said that Ilyn, together with the minister of ecology and the regional governor, will be among those who will be summoned to court within the framework of a criminal investigation regarding the fire.
Kazakhstan challenges large asset transfer by ex-president s foundation dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
But according to a statement by the prosecutor general's office, the company through which the foundation owned the bank transferred its shares to Jusan Technologies, a British company, in 2020, "endangering public interest". Jusan Technologies' parent company, Nevada-based Jysan Holding, in a separate statement on Thursday said it has filed a lawsuit in a federal district court in Nevada against the Kazakh government, accusing it "of engaging in a campaign of fear and intimidation in order to seize control of the companies' Kazakhstan-based assets worth more than $1.5 billion".
But according to a statement by the prosecutor general's office, the company through which the foundation owned the bank transferred its shares to Jusan Technologies, a British company, in 2020, "endangering public interest". Jusan Technologies' parent company, Nevada-based Jysan Holding, in a separate statement on Thursday said it has filed a lawsuit in a federal district court in Nevada against the Kazakh government, accusing it "of engaging in a campaign of fear and intimidation in order to seize control of the companies' Kazakhstan-based assets worth more than $1.5 billion".