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Another 300 Million Dollars Will Be Returned to Kazakhstan From Abroad in One Criminal Case

Askhat Zhumagali, chairman of the Anti-Corruption Agency, said that Antikor plans to return $300 million to Kazakhstan from abroad, Khabar 24 TV channel reports .

The head of Antikora spoke about the agency’s plans to return assets illegally withdrawn from the country in the Interview program.

According to Askhat Zhumagali, the money will go to the state treasury in one of the criminal cases.

The head of the department noted that through joint efforts, state bodies have already returned more than 850 billion tenge to the budget of the republic. All finances will go to the construction of schools and hospitals.

“In July, a law on the return of assets was adopted. Now this activity will be carried out more actively. Where there is no sufficient justification, so to speak, for wealth of one kind or another, it will be recognized as unjustified enrichment and measures will be taken to turn it into state revenue. There there is a certain procedure. It has been discussed more than once. We are actively working and it will continue,” Askhat Zhumagali assured.

Return of illegally withdrawn assets to Kazakhstan

Last summer, an interdepartmental commission was established to carry out comprehensive work to return funds illegally exported by citizens of Kazakhstan abroad. The commission was headed by the Prosecutor General of the country Berik Asylov.

In November, after his inauguration, Tokayev signed a decree on measures to return illegally withdrawn assets to Kazakhstan. At the same time, speaking at the inauguration, the head of state announced the need to return all illegally withdrawn assets to the country.

At the end of 2022, the head of Antikor reported to the President of Kazakhstan that over 11 months of 2022, the return to the state of illegally acquired property assets and funds in the amount of more than 600 billion tenge was ensured .

At the end of April this year, the Ministry of Finance reported that illegally withdrawn assets worth 670 billion tenge were returned to the country .

Prosecutor General Berik Asylov said that assets worth 760 billion tenge were returned to the country , including $575 million from foreign jurisdictions.

Later, the Minister of Finance of the Republic of Kazakhstan, Yerulan Zhamaubayev, explained the information about the creation of a separate department in the structure of the Prosecutor General’s Office for the return of illegally withdrawn assets.

“A special department, an authorized body will be created that will directly carry out this work. A certain fund will be created.

This fund may be a separate account, perhaps it will be a separate enterprise that will have an account,” he said.

At the end of May, Majilis deputy Snezhanna Imasheva told how and by whom the decision on the return of illegally withdrawn assets to the state would be made.

Meanwhile, MP Maharram Maharramov explained how the illegally acquired assets would be returned to the state. According to him, the decision on confiscation will be made by a Kazakh court or a foreign court, depending on the circumstances of the case.

In the middle of last month, the president signed into law the law “On the return to the state of illegally acquired assets” with accompanying amendments.