Perizat Kairat: Court Hands Down Sentence

The Astana Interdistrict Criminal Court has sentenced Perizat Kairat and her mother Gaini Alashbayeva on charges of large-scale fraud and money laundering, Orda.kz reports.

Judge Sabyrzhan Karimov delivered the verdict:

Perizat Kairat is found guilty under Part 4, Clause 2 of Article 190 of the Criminal Code of Kazakhstan (Fraud) and Part 3, Clause 3 of Article 218 (Money laundering on an especially large scale). Based on Article 58, a cumulative sentence is imposed: ten years of imprisonment with confiscation of property and a ten-year ban on engaging in charitable activity.

The court also stripped Perizat Kairat of her state award — the “Shapagat” medal.

Gaini Alashbayeva was sentenced to seven years in prison and likewise banned from any fundraising-related charitable activity for ten years. Her assets were also confiscated.

According to the prosecution, Kairat and Alashbayeva defrauded citizens of 3.5 billion tenge by abusing public trust. Perizat's lawyer intends to challenge the ruling.

The confiscated assets will be used to compensate the victims, including major Kazakhstan financial institutions such as Forte Bank, Alatau City Bank (formerly Jusan), and fintech company Kaspi.

Original Author: Anastasia Prilepskaya