Ablyazov & Associates: the making of a diversion scheme/I

Ablyazov & Associates: the making of a diversion scheme/IThe crackdown on “oligarchs” in Kazakhstan has taken off much later than the one in the Russian Federation on their Russian peers. But the result is that the “Mother of all Schemes” carried out by the Kazakh Master Maverick Mukhtar Ablyazov and his associates could spread much further and do much more damage to corporate life in Kazakhstan than it has done in Russia and other former Soviet republics.

» Read more

Ablyazov/Dzhakishev: is there a connection?

Ablyazov/Dzhakishev: is there a connection?Most of Kazakhstan’s long-fingered gentry with the law at their heels is on the run these days. Top figure among the alleged white-collar criminals is Mukhtar Ablyazov, the former head of Bank TuranAlem who is believed to have created much of the multi-billion hole the troubled bank is faced with today.

» Read more

Cash Master Ablyazov’s Beautiful Laundrette/II

Cash Master Ablyazov’s Beautiful Laundrette/IIIt is like Doctor Faustus’ pact with Mephistopholes: immediate benefit to be paid for in treacherous longer-term loss. But should the pact, preliminarily agreed upon between the current state-controlled board of BTA Bank, materialise, those who created the current mess will still be in charge of the process getting out of it.

» Read more
1 26 27 28 29 30 31