From Illicit Wealth to Public Services: Where Kazakhstan’s Recovered Assets Are Going

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has returned 1.154 trillion tenge (US$2.5 billion) in assets to state ownership since launching its asset-recovery program in September 2023. The central question now is how effectively these funds can be converted into long-term public benefits, particularly in regions facing infrastructure shortages. President Kassym-Jomart Tokayev has repeatedly stressed that the asset-recovery process…...

By Fatima Kemelova