MP Calls for Dissolution of Samruq-Qazyna Fund
Photo: Skc.kz
Majilis member Adil Zhubanov discussed Samruq-Qazyna Sovereign Wealth Fund and proposed its complete dissolution, Orda.kz reports.
There are people in Kazakhstan who have never done business but are extremely wealthy — simply because they work in national companies. Not a single member of their family has been involved in entrepreneurship, yet we all know these very rich individuals. Essentially, we’re handing over all national wealth into a few hands — making it easier to steal. Overall, I oppose the work of Samruq-Qazyna. It should be disbanded, and its assets transferred to a competitive environment,the deputy stated.
His proposal was met with a response from Nurlan Nurzhanov, a member of the Supreme Audit Chamber. He confirmed that the Chamber would soon conduct an audit of the Samruq-Qazyna fund.
Given the current circumstances, we are carrying out an audit of Samruq-Qazyna. According to the plan, it will be completed by July. We will deliver a full report and recommendations. This matter concerns us as well, Nurzhanov noted.
President Qasym-Jomart Toqayev has also stated that the fund requires reform.
Original Author: Artyom Volkov
Latest news
- Kazakhstan to Train White Hat Hackers and AI Engineers to Protect Energy Infrastructure
- Middle East Conflict Puts Kazakhstan-Iran Joint Projects on Hold
- Kazakhstanis’ Spending on Pet Treatment Has Nearly Tripled
- Kazakhstan and the UK to Develop Rare Earth Metals Cooperation
- Moldova Sets Date for Formal Exit From the CIS
- Kazakhstan Ratifies Amendments to Legal Assistance Conventions
- South Korea to Import Oil From Kazakhstan, but Saudi Arabia Remains the Main Supplier
- Kazakhstan Remains Vulnerable to Mudflows, Deputy Says
- Russia and Azerbaijan Agree on Compensation After AZAL Crash Near Aktau
- U.S.-Kazakhstan Talks in Washington Focus on Economy and Regional Issues
- Kazakhstan Khalkyna Foundation Expands Support for Healthcare, Education and Sports
- Former Massimov Son-in-Law Loses Terminal at Dostyk Station
- Bathing in the Pond and Damaging Trees: Almaty Botanical Garden Tightens Rules After Vandalism
- Kazakhstan Announces Launch of New Political Party Adilet Ahead of Kurultai Elections
- Government Decides Fate of Hundreds of Thousands of Hectares of Former Semipalatinsk Test Site
- Deputies Want Firefighters Given Power to Break Through Barriers and Blocking Cars
- Kazakhstan to Create National Rating Agency
- Less Than 1% of Employees in Kazakhstan Work Remotely
- Air Astana and FlyArystan Fined for Submitting Inaccurate Aviation Fuel Data
- Chinese Tourist Arrivals in Kazakhstan Rose Sharply in 2025, Analysts Say
