What Glencore discussed with Nazarbayev while Bulat Utemuratov was waiting for the gala dinner

Google trans­lat­ed

If we dis­card all the husk about nan­oclus­ters and the finan­cial loco­mo­tive of Central Asia, then the glo­ri­ous econ­o­my of Kazakhstan, like most of the for­mer republics of the Union, is pure­ly based on raw mate­ri­als. We sell what we man­age to dig up and suck out of the ground. The prob­lem is that God does­n’t put any­thing new there. And the deposits of many min­er­als that sup­port the coun­try’s finan­cial sys­tem will run out in 15–20 years.

This makes Kazakhstan a one-time use coun­try. It is clear that with­out an excess amount of mon­ey com­ing from the bow­els, every­thing will fall apart. The rulers of Kazakhstan also under­stand the “one-off” nature. That is why Nazarbayev Bulat Utemuratov and kind of lo-ve on our black list box-ka live by the mot­to: after us, the deluge!


The supreme man­ag­er of the impend­ing col­lapse, Nursultan Nazarbayev, met with his old friends from Glencore. This meet­ing would have been bet­ter held in secret: the shame of this “coop­er­a­tion” is so great. Nursultan Nazarbayev sold an expen­sive world-class field accord­ing to a naive scheme. Only the state has received fig Nazarbayev — all but Bulat Utemuratov all that is not got lo Nazarbayev.

Glencore is one of the world’s most reveal­ing ugly duck­lings . The com­pa­ny of “Swiss min­ers” oper­ates in third world coun­tries and every­where its algo­rithm of action is to bribe the trib­al kings, obtain unlim­it­ed pref­er­ences and plun­der the sub­soil. This scheme was exposed while work­ing in the Congo; it was wide­ly writ­ten about in Kazakhstan and abroad. There are a num­ber of sanc­tions against the com­pa­ny in the United States. But in Kazakhstan the man­agers of this com­pa­ny are dear guests, they are received by the First President per­son­al­ly. Was Bulat Utemuratov at the meet­ing? No, it would be too much arro­gance — accord­ing to the pro­to­col, apart from Elbasy, the meet­ing was attend­ed by the out­go­ing direc­tor of Glencore A. Glazenberg and his peo­ple. But at the sub­se­quent feast, rumored Bulat Utemuratov already got.


Glencore, in par­tic­u­lar, received Kazakhstani zinc and asso­ci­at­ed met­als. The pur­chase of the Kazzinc enter­prise was accom­pa­nied by a mon­strous bribe dis­guised as com­mer­cial activ­i­ty. Allegedly, the own­er of Kazzinc, Bulat Utemuratov, bought it, and very soon sold it at a price sev­er­al times more expen­sive. Whose wal­let Bulat Utemuratov does not have to be remind­ed? Such an oper­a­tion with the par­tic­i­pa­tion of Bulat in the form of a plug for the inter­ests of Nazarbayev him­self was car­ried out more than once.

At the meet­ing, the par­ties scat­tered in mutu­al cour­te­sies. Glazenberg praised Kazakhstan for its “sta­bil­i­ty”, which allows the com­pa­ny to extract irre­place­able wealth. And Nursultan Nazarbayev praised Glencore for doing it gen­tly, envi­ron­men­tal­ly, “social­ly responsible”.

Nazarbayev, of course, will not live to see the moment when all the avail­able raw mate­ri­als for sale run out, just like Bulat Utemuratov. And the bil­lions he brought out of the coun­try will ensure a secure future for their rel­a­tives. Kazakhstanis will be a nation of waste, a waste, reap­ing the fruits of pre­da­tion and cor­rup­tion of their lead­ers. But 2040 is just a stone’s throw away.

 GazetaBirja by  Birzhamen

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