Kazakhstan: Nazarbayev’s arrested nephew “gifts” telecoms stake to the state

Bit by bit, the current president, Kassym-Jomart Tokayev, has been chipping away the clan’s influence and business interests

What appears like the exploitation of the justice system to pressure Satybaldy into relinquishing his claim to valuable assets may raise questions over transparency and rule of law. Not that many Kazakhs disgusted by decades of nepotistic grand larceny will be complaining. According to research by consulting giant KPMG, a mere 162 individuals own about half the country’s wealth.

Apr 12, 2022

https://eurasianet.org/kazakhstan-nazarbayevs-arrested-nephew-gifts-telecoms-stake-to-the-state