Anti-Corruption Official Warns Against Misuse of Recovered Assets

Kazakhstan's Anti-Corruption Agency Deputy Chairman Ulan Sarkulov has expressed concerns about protecting state-recovered assets from potential misappropriation, Orda.kz reports.

When asked about the risk of recovered illegal assets being stolen again, Sarkulov acknowledged the legitimacy of this concern.

We will be a laughing stock if the returned funds, with which we build the same social facilities – which the Head of State talks about, so that everything goes to social goals – if it is stolen again, admitted Ulan Sarkulov.

He also emphasized liability.

If this happens, they will be held accountable in accordance with the law, the Anti-Corruption Deputy Chair said.

The Anti-Corruption Service recently reported that in 2024, it recovered $670 million (approximately 300 billion tenge) in illegal assets from corrupt Kazakh officials and oligarchs.

These assets were hidden across multiple countries, including Austria (36.8 billion tenge), Liechtenstein (116.7 billion tenge), the UAE (6.3 billion tenge), and Türkiye.

Original Author: Zhadra Zhulmukhametova