Baisat Trade Center Once Linked to Kairat Satybaldyulu to Be Sold
Photo: Orda
In Almaty, authorities are preparing to sell a share in Baisat Wholesale and Retail Trade Center LLP, one of the city’s largest markets, Orda.kz reports.
The asset previously belonged to Kairat Satybaldyulu, nephew of former President Nursultan Nazarbayev.
The Asset Recovery Company announced that the auction is scheduled for November 18, 2025, and will be held on the E-Qazyna electronic platform.
The starting price is 28.6 billion tenge, and anyone registered on the portal may take part.
According to officials, the sale is being conducted under the national asset recovery program, with all proceeds directed to the Special State Fund for social projects.
Earlier, Orda.kz reported that CMRA had auctioned jewelry worth about half a billion tenge, allegedly seized from Satybaldyulu. In 2024, the Prosecutor General’s Office stated that as part of a plea agreement, he had transferred luxury goods and assets worth 783 billion tenge to the state.
These included luxury vehicles, real estate, business centers, watches, and rare coins.
Original Author: Dinara Bekbolayeva
Latest news
- Kazakh Activist Sentenced In Electoral Rights Case
- Kazakhstan Signs Extradition Agreements With Hong Kong And Macau
- Kazakhstan Plans Six Air Taxi Vertiports By 2028
- Why Kazakhstan Is Looking For Belgian Businessman Frank Monstrey
- Government Rejects Higher Markups For Rural Food Stores
- Kazakhstan Prepares Local Suppliers For Nuclear Power Plant Construction
- Akimats Turn To Stock Exchange To Fund Housing Projects
- Kazakhstan To Expand Digital Biometric Records System
- Kazakhstan Farmers Face Contract Blocks Over Irrigation Water Debt
- Former Priest Iakov Vorontsov To Be Sent To Psychiatric Hospital
- Astana Woman Jailed For Visa Fraud Worth Nearly 900 Million Tenge
- Foreign-Plated Car Owners Protest Police Raids In Atyrau
- Kazakhstan Wasted Almost 650 Billion Tenge In 2025, Auditors Say
- Almost 90% Of Kazakh Businesses Still Operate Without Innovation
- Demolition, Resettlement And A New Design Code: How Astana Will Be Rebuilt By 2030
- Kazakhstan Plans Large Energy Storage Systems For Wind And Solar Power
- Authorities Consider LRT From Almaty To Alatau, But Metro Extension Is Not Planned Yet
- Kazakhstani Military Personnel To Receive Expanded Social Guarantees
- Kazakhstan’s Banks Are Still Making Billions, But Profit Growth Is Slowing
- Astana Court Allows Ukraine’s Naftogaz To Recover $1.4 Billion From Gazprom