The Internet contains some published material on the results of a joint investigation conducted by the Organized Crime and Corruption Research Center (OCCRP), the Kazakhstani edition of Vlast.kz and the Kyrgyz edition of Kloop.kg.
It follows from the above-mentioned material that the former president of Kazakhstan and the former head of the country’s Security Council, Nursultan Nazarbayev, owns banks, hotels, TV channels and other assets worth billions of dollars through a network of charitable foundations.
The investigation alleges that Nazarbayev, while still being the President of Kazakhstan, created four private charitable foundations with similar names and opaque reporting. Nursultan Nazarbayev continues to manage them behind the scenes to this day. Formally, the foundations are engaged in charity — they popularize the Kazakh language and send gifts to children, but in addition to this, they manage large assets that actually belong to Nursultan Nazarbayev.
These assets include banks, TV stations, hotels, a private jet worth over $100 million, a golf course, hotels, and billions of dollars in cash. “Among the less remarkable objects are warehouses, a pasta factory etc.. For a while, even a landscaping company was on this list, ” the authors of the investigation note.
As the journalists found out, the Nazarbayev Foundation, officially engaged in supporting education, owns a controlling stake in a company named Jusan Technologies, which, in turn, owns online stores in Kazakhstan and Russia, mobile operators such as Kcell and Jusan Mobile, food distribution companies, shopping centers in Nur-Sultan and Kostanay and brokerage companies. The company’s assets are estimated at $7.8 billion.
The Airbus ACJ320Neo private jet, referred to as the “flying penthouse”, has been purchased by another fund created by the former president, the Nursultan Nazarbayev Foundation. Currently, the aircraft is in the fleet of “Berkut Air” the state airline of Kazakhstan, which is subordinate to the Presidential Administration.
We ask you to check the accuracy of the information provided, the legality of the formation of the funds and their assets, as well as the sources of financial funds received by the foundations for the corruption component and inform us about the results of the check.
Your response will be communicated to the public and mass media.
Mr. Abilov B.M.
Mr. Yerzhanov U.S.
Yelge Qaitaru Foundation, 42V Ivanilov street, Almaty, Kazakhstan
Mr. Asylov B.N, Prosecutor General of the Republic of Kazakhstan
Mr. Akhmetzhanov M.M., Minister of Internal Affairs of the Republic of Kazakhstan
Mr. Bektenov O.A., Chairman of the Agency of the Republic of Kazakhstan on combating corruption
Mr. Elimanov Zh.K, Chairman of the Agency of the Republic of Kazakhstan on financial monitoring
Original link to claims on the website:
Government of the Republic of Kazakhstan