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
- Ecology Ministry Explains 13 Million Tenge Fine For Picking Dandelions
- Kazakhstan Refineries Increase Oil Processing Depth To 90%
- High Rates No Longer Keep Kazakh Banks’ Profits Rising, Analysts Say
- Almaty Health Officials Prepare for Possible Hantavirus Cases
- Ministry Says Saiga Deaths Remain Within Natural Limits
- Kazakhstan Faces Shortage of Doctors and IT Specialists
- Kazakhstan Petition Calls for VAT Removal on Feminine Hygiene Products
- Kazakhstan to Publish Register of Convicted Economic Crime Offenders
- Kazakhstan’s Economy Grew 3.6% in Four Months
- Shymkent Colleges Used Fictitious Students to Steal Over 1.3 Billion Tenge
- Almaty Court Extends Chechen Activist’s Extradition Arrest
- Record Rainfall Hits Almaty
- Falling Caspian Sea Level Reshapes Northern Coastline
- Kazakhstan Says It Is Ready To Help Resolve Iran’s Nuclear Issue
- Pashinyan Explains Why He Will Skip The EAEU Summit In Astana
- Kazakhstan To Gradually Cut University Programs In Oversupplied Fields
- Kazakhstan Offers Indonesia A Route To Central Asia And Europe
- Kazakhstan Tightens Rules for Master Plans and Urban Development
- Kazakhstan Approves Rules for Digital Tenge Circulation
- Military Jets to Conduct Training Flights Over Astana
