2009 August | Silk Road Intelligencer

Kazakhstan Daily News Roundup - August 28, 2009

By SRI ⋅ August 28, 2009 ⋅ Post a comment

HEADLINES:

British court orders freeze on BTA ex-chairman’s assets
(SRI) - The English High Court has granted a worldwide injunction to freeze the assets of former BTA Bank chairman Mukhtar Ablyazov and other former top managers.

Kazakhmys net income in first half beats expectations
(SRI) - Kazakh copper producer Kazakhmys reported net income of $516 million in the first half of 2009, beating analyst expectations.

Alliance Bank chairman currently has no plans to return to Kazakhstan - news agency
(SRI) - Alliance Bank chairman Margulan Seisembayev currently does not plan to return to Kazakhstan, as investigation of his role in several questionable deals unfolds, the KazTAG news agency reported on Thursday.

BUSINESS AND ECONOMY:

Russia’s Sberbank intends to boost activities on Kazakhstan’s financial market – Astana (Interfax)

Foreign currency exchange rates by National Bank - August 28, 2009 (Kazakhstan Today)

POLITICS:

Medvedev, Nazarbayev to attend inter-regional forum in Orenburg (Interfax)

SOCIETY:

Former Kazakh KNB head speaks on Aliev’s role in kidnappings (RFE/RL)

Kazakhstan Society Roundup - August 28, 2009

By SRI ⋅ August 28, 2009 ⋅ Post a comment

Former Kazakh KNB head speaks on Aliev’s role in kidnappings (RFE/RL)

Kazakhstan Politics Roundup - August 28, 2009

By SRI ⋅ August 28, 2009 ⋅ Post a comment

Medvedev, Nazarbayev to attend inter-regional forum in Orenburg (Interfax)

Kazakhstan Business and Economy Roundup - August 28, 2009

By SRI ⋅ August 28, 2009 ⋅ Post a comment

British court orders freeze on BTA ex-chairman’s assets (SRI)

Alliance Bank chairman currently has no plans to return to Kazakhstan - news agency (SRI)

Russia’s Sberbank intends to boost activities on Kazakhstan’s financial market – Astana (Interfax)

Foreign currency exchange rates by National Bank - August 28, 2009 (Kazakhstan Today)

Alliance Bank chairman currently has no plans to return to Kazakhstan - news agency

By SRI ⋅ August 28, 2009 ⋅ Post a comment

(SRI) - Alliance Bank chairman Margulan Seisembayev currently does not plan to return to Kazakhstan, as investigation of his role in several questionable deals unfolds, the KazTAG news agency reported on Thursday.

(more…)

British court orders freeze on BTA ex-chairman’s assets

By SRI ⋅ August 27, 2009 ⋅ Post a comment

(SRI) - The English High Court has granted a worldwide injunction to freeze the assets of former BTA Bank chairman Mukhtar Ablyazov and other former top managers, according a BTA press release.

(more…)

Kazakhstan Daily News Roundup - August 27, 2009

By SRI ⋅ August 27, 2009 ⋅ Post a comment

HEADLINES:

BTA may sell Temirbank to Samruk-Kazyna as part of restructuring deal
(SRI) - BTA Bank may sell assets including its retail subsidiary Temirbank to Samruk-Kazyna, as part of its $12-billion debt restructuring.

Alfa-Bank places $4 million bond issue on KASE
(SRI) - The Kazakh subsidiary of Russian Alfa-Bank placed KZT600 million ($4 million) of bonds on the Kazakhstan Stock Exchange (KASE) last week.

Financial police confirm arrest of Alliance Bank ex-CEO
(SRI) - Kazakhstan’s financial police confirmed the arrest of Zhomart Yertayev, ex-CEO of Alliance Bank and Eurasian Bank.

ENERGY:

Illegal oil trading schemes amount to $1 billion so far in 2009 - financial police (SRI)

Caspian oilfield is Big Oil’s new energy frontier (Reuters)

Key facts about Kashagan oilfield (Reuters - Forbes)

Kazakh PM and U.S. Special Envoy discuss energy cooperation (Interfax)

MINERAL RESOURCES:

Yorkville Advisors completes £5 million equity facility with Frontier Mining (Newswire Today)

Libertas Capital sees upside potential in Frontier Mining (Proactive Investors)

BUSINESS AND ECONOMY:

BTA trial postponed (SRI)

National Bank of Kazakhstan: Exchange rates August, 27, 2009 (Kazinform)

POLITICS:

New Presidential chief of protocol appointed (Kazakhstan Today)

SOCIETY:

Accident investigation politicized - human rights activist
(SRI) - Lawyers for human rights activist Yevgeniy Zhovtis, who had been accused of manslaughter in connection with a traffic accident that resulted in the death of a pedestrian, said the official investigation included multiple violations.

REGIONAL:

Russia renews call for recognition of Georgia regions (Reuters)

Uighur exile airs report on Xinjiang prison killings (AFP)