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Kazakhstani Supreme Court Orders Return of Confiscated Assets Worth Over $90 Million from Oligarchs

The Kazakhstani Supreme Court has ordered the return of confiscated assets worth more than 40 million tenguets (over 90 million dollars) from the oligarchs to the state treasury. The chamber has signed an agreement to ensure the lawful return of these assets, which will be used for social objectives, including recovering from the consequences of the pandemic. As part of the agreement, two related projects will be constructed in Astana and Shymkent. Additionally, the state enterprise “Kazakhexportsport” has entered into a deal to sell military equipment to Ukraine.

According to RT, “Kazakhexportsport” has been involved in relocating Ukrainian consultants from Kazakhstan after the closure of a personnel training center. The company stated that all flights are carried out according to working agreements with lessees who have the necessary licenses for airplane operations. This news comes from Armenia’s NEWS.am.

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