Former Kazspetsexport Heads Sentenced to 10 and 11 Years in Prison
Photo: Elements.envato.com, ill purposes
Two main defendants in the Kazspetsexport corruption case have been sentenced to long prison terms, Orda.kz reports, citing the Financial Monitoring Agency (FMA).
The leadership of the state enterprise Kazspetsexport was detained in November 2023, along with representatives of suppliers from whom the company procured military goods.
They were accused of embezzling 1.6 billion tenge during procurement deals.
According to the FMA, the trial in Astana’s Specialized Interdistrict Criminal Court has now concluded. The court sentenced general director Arman Ramazanov to 11 years in prison and department director Azat Kudabayev to 10 years.
“The remaining nine defendants were sentenced to various prison terms,” the FMA stated.
In addition, the court satisfied a civil claim of 1.6 billion tenge and ordered the confiscation of 670 million tenge in property from those convicted.
Original Author: Igor Ulitin
Latest news
- Kazakhstani Jailed In China After Fight With Locals
- Nearly 21 Billion Tenge Paid To Foreigners And The Dead: Labor Ministry Responds
- Pistols, Carbines And Rifles: Kazakhstan Updates Rules For Oil And Railway Guards
- Emergency Ministry Defends Costly Cybertruck Purchase
- AI To Check How Kazakhstan’s State Agencies Work
- £195,000 In 13 Days: How Kazakhstan Ended Up In Prince Andrew’s Costliest Tour
- Labor Ministry Explains Why Kazakhstan Still Has No Harassment Law
- Defense Ministry Explains Drone Crash In Zhambyl Region
- Kazakhstan Refuses To Ease Access To Hazardous Work Payments
- Almaty Metro To Replace Korean-Controlled System After Technical Failures
- Fewer Kazakhstanis Work Outside Their Home Regions
- Safety Violations Cited As Possible Cause Of Kazzinc Plant Explosion
- Tenge Weakens Five Percent In May As National Bank Reports No Interventions
- New Direct Flights From Kazakhstan To Warsaw, Izmir, And Larnaca
- Kazakhstan Clarifies Position On Possible Iranian Uranium Storage
- EU Politicians Eye Kazakhstan And Uzbekistan As Possible Sites For Migrant Return Centers
- Kazakhstanis Are Leaving The Regions For Megacities
- Kazakhstan Could Store Iranian Uranium If US-Iran Nuclear Deal Is Reached
- Kazakhstan’s EV Boom Is Here. Is The Grid Ready?
- Cyprus President To Make First Official Visit To Kazakhstan
