Kazakh court sentences ex-leader’s nephew to six years for embezzlement

Published: Updated:
Enable Read mode
100% Font Size

A Kazakh court on Monday sentenced a nephew of former president Nursultan Nazarbayev to six years in prison for embezzlement, the first verdict against a close relative of the once powerful leader of the oil-rich Central Asian nation.

The court found businessman Kairat Satybaldy guilty of embezzling money from state-owned companies.

For the latest headlines, follow our Google News channel online or via the app.

Nazarbayev resigned as president in 2019 after ruling the ex-Soviet nation for three decades, and endorsed Kassym-Jomart Tokayev as his successor. The former president, however, retained sweeping powers as the head of the country’s security council.

Tokayev and Nazarbayev fell out in January when street protests over fuel price hikes escalated into the deadliest bout of political violence in the country’s since it gained independence in 1991.

Tokayev took over Nazarbayev’s remaining positions and a number of the former’s relatives quickly left or were dismissed from senior public sector jobs.

Satybaldy, who was detained in March, has pleaded guilty and repaid over $500 million to the state as part of a plea agreement, the authorities have said.

Read more:

Kazakhstan says it won’t recognize referendums in eastern Ukraine

Kazakhstan votes for reforms in referendum to move past Nazarbayev era

Top Content Trending