Tender Fraud Scheme in Almaty Netted 664 Million Tenge and Luxury Assets
Photo: Olga Ibraeva, Orda.kz
Members of a criminal group in Almaty manipulated public tender ratings for construction companies over a three-year period in exchange for kickbacks, which they used to buy luxury cars and real estate, Orda.kz reports.
According to Kazakhstan’s Financial Monitoring Agency (FMA), the department’s Almaty branch is conducting a pre-trial investigation into four suspects involved in the scheme. From 2021 to 2024, the group exploited loopholes in the state procurement system.
The suspects used shell companies and fake documents to artificially boost the ratings of construction firms competing for government contracts. In return, they received illicit payments ranging from 500,000 to 1.5 million tenge per tender. Investigators say the total amount gained over three years exceeded 664 million tenge.
With that money, they purchased 11 vehicles and 12 real estate properties — including five residential homes and seven land plots, the FMA noted.
Investigators estimate that their fraudulent actions led to the signing of state contracts worth nearly 70 billion tenge.
The four suspects are currently in pre-trial detention. The investigation is ongoing, and further details are being withheld under the Criminal Procedure Code.
Original Author: Nikita Drobny
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