Kairat Satybaldy, one of the most influential businessmen in Kazakhstan, was accused of embezzlement on a particularly large scale in national companies.
The court of Astana passed the sentence on Kairat Satybaldy, the nephew of the first president of Kazakhstan, Nursultan Nazarbayev. Satybaldy was accused of embezzlement on a large scale in national companies. It was reported by Radio Liberty.
Satybaldy was sentenced to six years in prison, in addition, he was banned from holding public service positions for 10 years.
Satybaldy was arrested in March. He was charged under the articles “Infliction of property damage by deception or breach of trust” and “Assignment or embezzlement, that is, theft of the property of another entrusted to the offender.” In addition, it is reported that he is under investigation on suspicion of “tax and customs evasion”, “money laundering”.
According to Forbes Kazakhstan, he is included in the list of the most influential businessmen in Kazakhstan.
Recall that the former president of Kazakhstan Nursultan Nazarbayev was found to have assets worth at least $8 billion, distributed among four funds.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.