Archive for August 27th, 2009

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, according a BTA press release.

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Kazakhstan Daily News Roundup - August 27, 2009

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)

Kazakhstan Society Roundup - August 27, 2009

Accident investigation politicized - human rights activist (SRI)

Kazakhstan Politics Roundup - August 27, 2009

New Presidential chief of protocol appointed (Kazakhstan Today)

Kazakhstan Energy Roundup - August 27, 2009

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)

Kazakhstan Mineral Resources Roundup - August 27, 2009

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

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

Kazakhstan Business and Economy Roundup - August 27, 2009

BTA may sell Temirbank to Samruk-Kazyna as part of restructuring deal (SRI)

Alfa-Bank places $4 million bond issue on KASE (SRI)

Financial police confirm arrest of Alliance Bank ex-CEO (SRI)

BTA trial postponed (SRI)

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

Kazakhstan Regional News Roundup - Augsut 27, 2009

Russia renews call for recognition of Georgia regions (Reuters)

Uighur exile airs report on Xinjiang prison killings (AFP)

Russia renews call for recognition of Georgia regions

(Reuters) - Russia called on Tuesday for international recognition of the breakaway Georgian regions of Abkhazia and South Ossetia a year after its own recognition prompted Georgia to accuse it of a land grab.
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Uighur exile airs report on Xinjiang prison killings

(AFP) - Rebiya Kadeer, the leader of China’s Uighur minority in exile, has highlighted a report that nearly 200 inmates were “tortured” to death in prison.
(more…)

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