US rapper Kanye West is the latest musician to find himself embroiled in controversy after reportedly accepting millions of dollars to perform for a Central Asian autocrat.
West was shown rapping at the lavish wedding of Aysultan Nazarbayev, grandson of Kazakhstan’s President Nursultan Nazarbayev, on August 31, in video posted on Instagram. For his labors he was paid “a hefty sum” of around $3 million, celebrity gossip site TMZ.com reported, citing “our Central Asian sources.”
The news sparked controversy in American and British media amid concerns over human rights abuses in Kazakhstan, where Nazarbayev brooks no opposition to his rule of over two decades.
The nuptials between Aysultan Nazarbayev (a 23-year-old senior lieutenant in Kazakhstan’s armed forces and the youngest son of the president’s daughter Dariga Nazarbayeva and her ex-husband Rakhat Aliyev) and Alima Boranbayeva (a 20-year-old art student in London and daughter of oil baron Kayrat Boranbayev) were celebrated at Almaty’s luxury Royal Tulip Hotel as the ruling family welcomed a new addition to the sprawling Nazarbayev clan.
Two students from Kazakhstan have been charged with obstructing the investigation into the Boston marathon bombing, which left three dead and over 100 injured in April.
Dias Kadyrbayev and Azamat Tazhayakov, both 19-year-old students from Kazakhstan, were indicted by a federal grand jury on August 8, USA Today reports.
The two students, who were associates of the two brothers suspected of carrying out the fatal April 15 attack, face up to 25 years in jail on charges of obstructing justice and conspiring to obstruct justice (overtaking conspiracy charges brought against them in May). They will be formally charged in a federal court in Boston on August 13, the report quoted a spokeswoman for the US attorney as saying.
Kadyrbayev and Tazhayakov are alleged to have disposed of evidence by throwing away the backpack of the surviving suspected bomber, Dzhokhar Tsarnaev, after hearing about the terrorist attack in the media and finding their friend’s backpack contained suspicious objects.
Kadyrbayev's attorney, Robert Stahl, expressed disappointment at the charges and said his client had been “shocked and horrified to learn that someone he knew was involved in the terrible Marathon bombing.”
“Even though he was literally stunned and in fear, and even though he is from a country where the police are routinely distrusted, from the moment the authorities approached him he has fully cooperated,” the attorney said in a statement quoted by USA Today.
Now that Kazakhstani oligarch Mukhtar Ablyazov has been apprehended, banking officials in Kazakhstan are striving to recover as much as they can of the $6 billion he is accused of embezzling. Meanwhile, officials in Astana are pressing for Ablyazov’s extradition while his supporters contend he would not receive a fair trial in Kazakhstan.
Kazakhstan’s Supreme Court has denied jailed opposition leader Vladimir Kozlov a review of his controversial trial and imprisonment, a case widely condemned as legally flawed and politically motivated.
Kozlov was jailed in October 2012 for seven and a half years on charges of seeking to overthrow the administration of President Nursultan Nazarbayev and stoking fatal unrest in the town of Zhanaozen in December 2011, which left 15 dead when security forces fired on unarmed protestors.
“The circus is over, the judges have pronounced their decision – there are no grounds for opening a supervisory review,” Kozlov’s wife Aliya Turusbekova wrote on her Facebook page after the Supreme Court ruling on August 5, which effectively put an end to Kozlov’s legal battle. Kozlov has argued that he only engaged in legitimate political opposition and is a scapegoat for the Zhanaozen violence, while Astana rejects claims of political motivation in his case.
Pressure is mounting in Europe over graft probes linked to associates of Gulnara Karimova, daughter of Uzbekistan President Islam Karimov, as reports emerge that French and Latvian investigators are closing in on corruption enquiries previously confined to Sweden and Switzerland.
French investigators have opened a probe “targeting Gulnara Karimova” and linked to a money-laundering case connected to her associates, the Rue89 news website reported on July 31, citing an unidentified judicial source.
Swiss prosecutors confirmed earlier this month that French police had raided properties in France at the behest of the Swiss inquiry, which is investigating four Uzbek associates of Karimova’s for money laundering. One of the properties was a Paris flat belonging to Karimova, BBC Russian reported at the time, citing an “informed source.”
Rue89 said properties “which could belong to Gulnara Karimova” had been searched on June 18, adding that she owns “several bolt-holes in France” including a villa outside Saint-Tropez and a property in Paris’s chic 16th arrondissement. Rue89 said Karimova owned the real estate through Paris-based companies managed by Alisher Ergashev, a suspect in the Swiss dirty money probe.
Fugitive oligarch Mukhtar Ablyazov, who has been on the run from police in Kazakhstan and Britain, has been captured in the south of France, according to a report in the Financial Times.
Ablyazov was arrested on July 31 by French special forces near the billionaires’ playground of Cannes, the FT quoted an unnamed family lawyer as saying. It did not specify on what charges Ablyazov had been detained: Kazakhstan has been pursuing him for alleged financial crimes that Ablyazov denies, and he also has a case to answer in Britain, where he escaped a jail sentence for contempt of court last year by going underground.
Ablyazov formerly chaired Kazakhstan’s BTA Bank, which he also owned through an undeclared holding until it was forcibly nationalized in 2009. Ablyazov fled to London, where he was sued by his former bank for allegedly defrauding it of some $6 billion.
After years of legal wrangling, Ablyazov – who accuses Astana of pursuing him for political reasons and has asylum in the United Kingdom – fled to an unknown destination when the London High Court ordered him jailed for “deliberate and brazen” deception (concealing assets he had been ordered to disclose in the fraud case). Ablyazov was later debarred from fighting the case and the courts ordered his assets sold to compensate BTA Bank.
Kazakhstan’s troubled BTA Bank, formerly run by fugitive oligarch Mukhtar Ablyazov, is still crippled by bad loans more than four years after Astana grabbed the financial institution and sent Ablyazov fleeing abroad, a new study shows.
A staggering 81 percent of BTA Bank’s credit portfolio is made up of non-performing loans (those on which payments are 90 days late or more), according to research by Kazakhstan’s Kursiv business newspaper.
As the International Monetary Fund (IMF) has pointed out over and over again, bad loans are the plague of Kazakhstan’s financial system: The IMF said in June that non-performing loans make up around 30 percent of the total in Kazakhstan’s financial system.
But BTA Bank has by far the highest total, not only in terms of ratio to its credit portfolio but also in monetary terms: Its non-performing loans total 1.7 trillion tenge (around $11 billion), Kursiv’s study, based on data from June 1, shows.
Alliance Bank had the second-largest ratio of bad loans in its credit portfolio (47 percent), followed by ATF Bank (46 percent). Kazkommertsbank had the second largest in monetary terms: 660 billion tenge ($4.3 billion), or 28 percent of its loan portfolio.
BTA Bank was forcibly nationalized in 2009 and Ablyazov, who chaired it and owned it through an undeclared holding, fled to London. There he was sued by his former bank for allegedly defrauding it of some $6 billion.
A simmering water dispute between Astana and Bishkek is heating up, with Kyrgyzstan threatening to cut electricity to its neighbor and reportedly accusing Kazakh officials of attempted extortion – then denying it.
The dispute escalated on July 29 when Kyrgyzstan’s energy minister alleged, according to both Kyrgyz and Kazakh media reports, that unnamed Kazakh officials had attempted to bribe him during water and energy negotiations.
“They openly offered a bribe for the sale of energy at a low price to Kazakhstani consumers,” Osmonbek Artykbayev said in remarks quoted by CA-News.org. Kyrgyz negotiators “managed to hold out,” he was reported to have said.
On July 30, Artykbayev denied ever making such an accusation, using the time-honored explanation that reporters had distorted his words. He said he had been explaining how his ministry had stepped up the fight against corruption in the energy sector. “Unfortunately my words about the fight against corruption were incorrectly interpreted in individual media outlets,” Artykbayev said in remarks quoted by Tengri News.
Last month Artykbayev threatened to halt electric power exports to Kazakhstan, citing a water shortage. “It’s a difficult question, but there is not enough water in the Toktogul Reservoir, and we are faced with the question of supplying our own population,” Tengri News quoted him as saying on June 27. Kyrgyzstan generates over 90 percent of its electricity from hydropower.
For years, Gulnara Karimova, the eldest daughter of Uzbek strongman Islam Karimov, courted the media spotlight, whether as an aspiring pop diva, purveyor of haute couture or a jet-setting football groupie.