A criminal case under two more articles is being investigated against oligarch Kairat Boranbaev

Astana. May 22. KazTAG – A criminal case under two more articles  is being investigated against oligarch Kairat Boranbayev- said Deputy Chairman of the Financial Monitoring Agency Zhenis Yelemesov.

“In total, in the main criminal case in which Boranbaev was convicted, damages were compensated in the amount of KZT14.5 billion, in addition, he voluntarily compensated damages in the amount of about KZT120 billion. In total KZT134 billion. Criminal the case has not been closed yet, the investigation continues,” - Yelemesov said on the sidelines of the Majilis on Wednesday.

Recall, Boranbaev was sentenced to eight years in prison on March 31, 2023. On September 14, the financial monitoring agency reported that Boranbayev returned assets worth KZT120 billion to the state. On September 15, the businessman’s prison term was reduced to six years in prison. On October 14, KazTAG reported that 100% of the shares of the oil company JSC Phystech II in the Mangistau region, which is associated with Boranbayev, were donated to the state.

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