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February 12, 2021 admin 0 Comments

Yessimov Dumps Son-In-Law As Frontman After Divorce

Galimzhan Yessenov enjoyed a meteoric rise in his business career after marrying into Kazakhtan’s elite but his recent divorce has seen this process swiftly reversed.…

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November 16, 2020 admin 0 Comments

“Ethical Concerns” Raised At Kazakhstan’s $63bn Samruk-Kazyna Fund

Akhmetzhan Yessimov, the chairman of Samruk-Kazyna, has been criticised by Kazakhstan’s public accounts committee over ethical issues at the $63 billion sovereign wealth fund. Kazakhstan’s…

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October 23, 2020 admin 0 Comments

Kazakhgate Saga Finally Ends As Investigation Is Dropped in Belgium

A Belgian judge has dismissed a bribery case brought against the former Brussels attorney general and a member of the country’s royal family, bringing to…

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September 24, 2020 admin 0 Comments

Kazakh Billionaire Returns From Exile With Help From Galimzhan Yessenov

Margulan Seisembayev has returned to Kazakhstan after the billionaire oligarch was forced to flee the country for a second time. Seisembayev posted a message on…

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September 11, 2020 admin 0 Comments

Putin poised to buy Belarus

Belarus made headlines last year when pro-democracy protests rocked the country and the political crisis also helped fuel a currency crisis. The Belarusian ruble recovered…

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August 19, 2020 admin 0 Comments

Multi-millionaire Russian oligarchs were welcomed to London with ‘open arms’

Russians worth millions welcomed the collapse of the Soviet Union in the early 1990s, which enabled a generation of entrepreneurs to quickly become rich, a…

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Recent Posts

  • Yessimov Dumps Son-In-Law As Frontman After Divorce
  • “Ethical Concerns” Raised At Kazakhstan’s $63bn Samruk-Kazyna Fund
  • Tui In Talks For Up To 1.8 Billion Euros Of Extra State Aid
  • Kazakhgate Saga Finally Ends As Investigation Is Dropped in Belgium
  • Kazakh Billionaire Returns From Exile With Help From Galimzhan Yessenov

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After the fall of the Soviet Union in 1991 many previously state-owned companies were privatized. The proprietors’ net worth increased overnight, making them extremely wealthy and powerful very quickly. This was how most of the early generation of oligarchs made their money. Since then, more oligarchs have emerged using political and family connections to acquire former state-owned assets at bargain prices.

Recent News

  • Yessimov Dumps Son-In-Law As Frontman After Divorce
  • “Ethical Concerns” Raised At Kazakhstan’s $63bn Samruk-Kazyna Fund

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