LRT Case: Talgat Ardan Sentenced in Absentia in Astana
Photo: Olga Ibraeva, Orda.kz
The case was in the inter-district criminal court of Astana without the defendant. He is on the international wanted list, Orda.kz reports.
As the investigation established, on December 22, 2016, the former chair of the LRT LLP board illegally requested the first tranche of a loan for 257.6 million dollars from the State Development Bank of China. The funds were for the LRT construction project.
They were not used for their designated purpose.
On November 26, 2018, the bank's activities were forcibly terminated by an Almaty court. As a result, the project failed, the funds were not returned, and the damage to City Transportation Systems LLP amounted to over 85 billion tenge,the court announced.
The court found Talgat Ardan guilty and sentenced him to four years and eight months.
In 2023, he received seven years for budget fund embezzlement. Considering this, the judge totaled the sentence up to nine years with a lifelong ban on working in the civil service.
The former head of Astana LRT was also ordered to pay damages – 85 billion tenge.
Original Author: Rustam Muratov
Latest news
- 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
- Kazakh Investors May Gain Remote Access To Armenian Stock Market
- Call Center In Ukraine Scammed Kazakhstanis By Posing As Banks And Police
- Kazakhstan Marks Day Of Remembrance For Victims Of Political Repression And Famine
- Kazakhstan Considers Molecular Markers To Track Fuel Supply Chains
- Tengiz Oil Production Gradually Restored After Operational Failure
- Tokayev Meets Cuban Vice President To Discuss AI And Medicine
- Karaganda Zoo Shows Newborn Amur Tiger Cubs For The First Time
- Putin and Tokayev Consolidate New Format of Relations, Political Analyst Says
