Jewelry Allegedly Seized from Kairat Satybaldyuly Put Up for Sale Again

The total starting price of the lots exceeds half a billion tenge, Orda.kz reports.

The Returned Assets Management Company has announced a repeat electronic auction to be held September 16–18, 2025, on the E-Qazyna platform. Items for sale include jewelry, commemorative coins, and watches. The combined starting price of all lots exceeds 548 million tenge.

The auction will take place entirely online, open to participants worldwide. To join, bidders must register, place a security deposit, and submit an application within the designated timeframe.

Organizers promise full transparency of the process, with open access to item descriptions and valuations.

At a previous auction, collectible coins and jewelry worth 67 million tenge were offered for sale — items that, according to Orda.kz, were allegedly part of the property confiscated from Kairat Satybaldyuly.

In 2024, the Prosecutor General’s Office announced that, under a procedural agreement, the former president’s nephew returned luxury assets worth 783 billion tenge to the state. These included luxury cars, real estate, business centers, watches, and rare coins.

Original Author: Ruslan Loginov