Kazakhstan Impounds Jewels Worth Us 230m From Ex

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The agency said in a state­ment that exclu­sive gems and pre­cious stones worth 230 mil­lion US dol­lars were seized in “oper­a­tional-search activities”

The anti-cor­rup­tion agency also said that $300 mil­lion that he had invest­ed abroad will be “soon be giv­en to the bud­get of Kazakhstan”

Kazakhstan’s anti-cor­rup­tion agency said Wednesday it had seized jew­els worth more than $230 mil­lion, in a case involv­ing the nephew of ex-leader Nursultan Nazarbayev.

“As a result of oper­a­tional-search activ­i­ties, exclu­sive gems and pre­cious stones worth 230 mil­lion US dol­lars” were seized, the agency said in a statement.

The agency gave no details on what kind of stones were seized.

It con­firmed to AFP the jew­els were found as part of a new inves­ti­ga­tion against busi­ness­man Kairat Satybaldy, a nephew of Nazarbayev.

Nazarbayev, now 82, ruled the Central Asian coun­try from 1991 until 2019.

Satybaldy was arrest­ed in March and charged with embez­zle­ment from nation­al telecom­mu­ni­ca­tions oper­a­tor KazakhTelecom and “oth­er crimes under­min­ing state security.”

He was hand­ed a six-year prison term follow this link in September.

Satybaldy is the first mem­ber of the Nazarbayev fam­i­ly to be arrested.

The anti-cor­rup­tion agency also said Wednesday that the $300 mil­lion he had invest­ed abroad will be “soon be giv­en to the bud­get of Kazakhstan.”

In January 2021, more than 230 peo­ple were killed in riots in the Central Asian coun­try, their caus­es are still mysterious.

Current President Kassym-Jomart Tokayev had esti­mat­ed that they were the result of a plot from abroad, say­ing “ter­ror­ists” want­ed to take pow­er, with­out ever pro­vid­ing evi­dence to this claim.

Tokayev, who is run­ning for re-elec­tion on November 20, has since under­tak­en to strength­en his posi­tion and weak­en that of his author­i­tar­i­an predecessor.

The cap­i­tal Astana, renamed in hon­our of Nazarbayev in 2019, regained its orig­i­nal name in September.