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How CenterCredit Conned a Borrower

How CenterCredit Conned a Borrower

What made Bakhytbek Bayseitov, the 12th Kazakhstan’s most influential entrepreneur according to Forbes Magazine, jump into a risky venture that may end badly not only for him personally but for the financial institute as well? We at kz.expert find this story utterly shocking...

A Shield for Backsheesh

A Shield for Backsheesh

The foreign investors that take the risk of coming to Kazakhstan invariably face the corruption problem. We have already proven this fact numerous times via specific references including the high-profile case of Vice Minister of Industry and Infrastructural Development Timur Toktabayev..

A Pre-Election Flak

A Pre-Election Flak

The son-in-law of Zharmakhan Tuyakbay, the leader of the Nationwide Social Democratic Party (NSDR), may fund his father-in-law’s and the party’s political activities. This was the argument used by the raiders that wanted to take over the business of the son of the now deceased former Prime Minister Nurlan Balgimbayev...

Who Holds the Permits Black Market?

Who Holds the Permits Black Market?

The Vice Minister suspected of corruption was unable to keep his post after the reorganization of the agency. However, it was not due to the scandal surrounding the fraud involving the double “sale” of the same “product”. It was due to the change in the control of the Kazakh market of the natural resources’ exploration and production permits...

Whose Man Is Mamin?

Whose Man Is Mamin?

Based on the information provided by one of our insiders, the support of Nursultan Nazarbayev’s eldest daughter Dariga was one of the main factors that played in favor of Askar Mamin when he was chosen as Bakytzhan Sagintayev’s successor as Prime Minister...