Kazakhstan ex-president's nephew

RUSSIA / FSU POLITICS - In Brief 26 Sep 2022 by Alex Teddy
Kairat Satybaldy was sentenced to 6 years of imprisonment. He is also now forbidden from holding positions in the civil service or the National Bank or any company where the state owns over 50%. He was arrested in March 2022 and his sentence is counted as having started then. He is a major general in the KNB (national security organization). It is likely that he will be stripped of this. Some of his property may be confiscated. Satybaldy was convicted of stealing funds from a company from 2018-21. Various accomplices of his were also convicted. He was found to have stolen KZT 28 billion. He also plundered Kaztelecom of KZT 12 billion. The accomplices received sentences of up to two and a half years.

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