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Kazakhstan resumes hunt for exiled tycoons

2020-12-03T06:42:24.713Z


SEEN FROM ELSEWHERE - The state bank BTA obtains from a London judge the planetary sequestration of the assets of the opponent Ablyazov and his relatives.


Pierre-Alexandre Sallier, the

Tribune de Genève

In financial justice, it is nuclear weapons.

The Kazakh bank BTA has just obtained from a London judge the announcement of the request for the sequestration, to the four corners of the globe, of all the assets of billionaire Ablyazov.

A political refugee in France since 2013, the former banker became known for the opposition movement to the regime of Nursultan Nazarbayev, launched almost twenty years ago.

To justify this request, the BTA bank, which was nationalized eleven years ago, says it wants to

"recover the billions of dollars in losses caused by [its] former chairman of the board, Mukhtar Ablyazov"

.

The latter was sentenced in Kazakhstan to life imprisonment in absentia in 2018.

Read also: In Kazakhstan, will Nazarbayev's precedent inspire Putin?

Geneva accounts

This

"global asset freeze order"

- lawyers speak of a "mareva" - pronounced on November 13 by the High Court of Justice, Business and Property Courts of England and Wales also targets the property that his relatives

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Source: lefigaro

All news articles on 2020-12-03

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