Archive for May, 2009

Kazakh banker goes on lam as defaults hurt investors

(Bloomberg) - From his secret hideaway, BTA Bank’s former Chairman Mukhtar Ablyazov says Kazakhstan’s government caused the default of the nation’s largest lender. Kazakh prosecutors want him for allegedly embezzling the bank’s money.
Read more…

Kazakhstan Daily News Roundup - May 29, 2009

HEADLINES:

Kazakhstan to look over Kazatomprom’s uranium deals
(SRI) - Kazakhstan will reportedly investigate and reconfirm certain uranium deals which Kazatomprom signed with foreign companies, as allegations of illegal deals abound and a deal with Canada’s Uranium One has already been singled out as illegal by Kazakh security services.

Kazakh atomic kingpin suddenly radioactive
(RFE/RL) - Until last week, Mukhtar Dzhakishev headed Kazatomprom, one of Kazakhstan’s most lucrative state companies. But now, Dzhakishev finds himself under arrest and possibly in line to join other fallen executives who have landed in Kazakh jails with lengthy prison sentences.

ENERGY:

CPC pipeline expansion may be completed by 2014
(SRI) - The planned expansion of the CPC pipeline may be completed by 2014, the Director General of the Caspian Pipeline Consortium said on Thursday.

Cameco says KazAtomProm arrests not impacting Inkai Uranium JV (Proactive Investors)

BUSINESS AND ECONOMY:

Bank CenterCredit opens representation office in Ukraine (SRI)

Kazakhstan: Food Contract Corporation to increase Aktau port grain capacities to 1.5 mln tons (AgriMarket.Info)

National Bank of Kazakhstan: Exchange rates May 29, 2009 (Interfax)

Indicators - May 28, 2009 (Reuters)

POLITICS:

Kazakhstan as OSCE chair to promote democratic reforms in Central Asia (Interfax)

SOCIETY:

Kazakh Almanac to mull over prospects for state-forming ethnic group (Interfax)

REGIONAL:

Kyrgyzstan denies involvement in Uzbekistan unrest (AFP)

Over 50,000 rally in new bid to oust Georgian leader (AFP)

Georgia says U.N.’s Ban blackmailed by Russia (Reuters)

Ban denies charge of bowing to “Russian blackmail” (Reuters)

Gazprom eyes role in Iran-Pakistan pipeline (AFP)

Georgia’s opposition blocks railway (AFP)

Kazakhstan Society Roundup - May 29, 2009

Kazakh Almanac to mull over prospects for state-forming ethnic group (Interfax)

Kazakhstan Politics Roundup - May 29, 2009

Kazakhstan as OSCE chair to promote democratic reforms in Central Asia (Interfax)

Kazakhstan Energy Roundup - May 29, 2009

Kazakhstan to look over Kazatomprom’s uranium deals (SRI)

Kazakh atomic kingpin suddenly radioactive (RFE/RL)

CPC pipeline expansion may be completed by 2014 (SRI)

Cameco says KazAtomProm arrests not impacting Inkai Uranium JV (Proactive Investors)

Kazakhstan Business and Economy Roundup - May 29, 2009

Bank CenterCredit opens representation office in Ukraine (SRI)

Kazakhstan: Food Contract Corporation to increase Aktau port grain capacities to 1.5 mln tons (AgriMarket.Info)

National Bank of Kazakhstan: Exchange rates May 29, 2009 (Interfax)

Indicators - May 28, 2009 (Reuters)

Bank CenterCredit opens representation office in Ukraine

(SRI) - Bank CenterCredit (BCC), Kazakhstan’s fifith largest bank, opened a representation office in Kyiv, Ukraine, the bank reported.

(more…)

Kazakhstan to look over Kazatomprom’s uranium deals

(SRI) - Kazakhstan will reportedly investigate and reconfirm certain uranium deals which Kazatomprom signed with foreign companies, as allegations of illegal deals abound and a deal with Canada’s Uranium One has already been singled out as illegal by Kazakh security services.

(more…)

CPC pipeline expansion may be completed by 2014

(SRI) - The planned expansion of the CPC pipeline may be completed by 2014, the Director General of the Caspian Pipeline Consortium said on Thursday, Dow Jones reported.

(more…)

Kazakh atomic kingpin suddenly radioactive

(RFE/RL) - Until last week, Mukhtar Dzhakishev headed Kazatomprom, one of Kazakhstan’s most lucrative state companies. But now, Dzhakishev finds himself under arrest and possibly in line to join other fallen executives who have landed in Kazakh jails with lengthy prison sentences.

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