Stati Case: Justice Ministry Couldn't Answer How Much Was Returned

In mid-December, Kazakhstan's Ministry of Justice announced that the country had officially resolved its legal dispute with Moldovan businessmen Anatolie and Gabriel Stati.
State assets previously seized under international arbitration rulings were returned.
Orda sent inquiries to both the Ministry of Justice and the Ministry of Finance.
However, both responses ultimately came from the Ministry of Justice, which had taken full responsibility for managing the lengthy dispute.
The Ministry of Justice stated it could not disclose how much money Kazakhstan had "recovered" due to the settlement with the Statis. Key details of the agreement remain confidential.
The settlement agreement includes a confidentiality clause, and violating it could result in new disputes and harm the interests of the Republic of Kazakhstan. No funds from the republican budget or the National Fund were used in the settlement. While the agreement is not classified as a state secret, its provisions cannot be disclosed due to the confidentiality clause, the Ministry explained.
The agreement places no new obligations on Kazakhstan. It entails a full mutual waiver of claims and resolving all disputes between the parties.
The frozen funds from the National Fund have been returned to the country, and efforts are underway to address other assets. However, the Ministry of Justice could not specify the total amount involved.
On December 20, the National Bank announced that the frozen National Fund assets, previously blocked in Sweden, had been fully recovered following the settlement with the Statis.
This seemingly includes the final portion of the $22 billion frozen by the Stockholm Arbitration Court's 2013 ruling. National Bank Governor Timur Suleimenov later clarified that this sum amounted to approximately $80 million.
Original Author: Nikita Drobny
Read also:
Latest news
- Modernization of Syrym Checkpoint Promises Smoother Border Crossings, Orda.kz Talked with Drivers about Current Situation
- High Inflation Prompts Government to Temporarily "Freeze" Utility Rate Hikes
- Foreign Minister Nurtleu Represents Kazakhstan at BRICS Summit
- Russia Approves Duty-Free Oil Supplies to Kazakhstan Through 2028
- Trump Sends Tariff Warning Letters to Global Leaders, Including Over Kazakh Imports
- Russia’s Transport Minister Roman Starovoit Dies by Suicide After Resignation
- Almaty Celebrates National Dombra Day
- Trump Threatens 10% Tariff on Countries Supporting BRICS Policies
- Why Did Kazakhstan’s President Not Attend the Azerbaijan Summit?
- Beijing Celebrates Dombra Day with Kazakh Music Performance
- Kozhamzharov’s Circle: What Are Investigators Hoping to Find?
- “I Want to Be Nazarbayev”: How Academician Yespolov’s Grandson Joined the Elbasy Clan
- Armenia Denies Russian Military Reinforcement at Gyumri
- Mayors Detained in Türkiye as Part of Fraud Investigation
- Olesya Keksel Reportedly Involved in Criminal Case Over BTA Bank Torture Allegations
- Mother of Conscript Claims Son Was Committed to Psychiatric Institution Without Consent
- President Toqayev Sends Nazarbayev Birthday Wishes
- Toqayev Appoints New Ambassadors in Series of Diplomatic Changes
- Unidentified Object Resembling Drone Found in Atyrau Region
- Trump and Zelenskyy Discuss Air Defense Needs