Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Politics

Kazakh ex-leader's nephew sentenced to 6 years for embezzlement

FILE PHOTO: Kazakhstan's former President Nursultan Nazarbayev takes part in the opening of a new mosque in Nur-Sultan, Kazakhstan, August 12, 2022. REUTERS/Turar Kazangapov/File Photo

A Kazakh court on Monday sentenced a nephew of former president Nursultan Nazarbayev to six years in prison for embezzlement, the first verdict against a close relative of the once powerful leader of the oil-rich Central Asian nation.

The court found businessman Kairat Satybaldy guilty of embezzling money from state-owned companies.

Nazarbayev resigned as president in 2019 after ruling the ex-Soviet nation for three decades, and endorsed Kassym-Jomart Tokayev as his successor. The former president, however, retained sweeping powers as the head of the country's security council.

Tokayev and Nazarbayev fell out in January when street protests over fuel price hikes escalated into the deadliest bout of political violence in the country's since it gained independence in 1991.

Tokayev took over Nazarbayev's remaining positions and a number of the former's relatives quickly left or were dismissed from senior public sector jobs.

Satybaldy, who was detained in March, has pleaded guilty and repaid over $500 million to the state as part of a plea agreement, the authorities have said.

(Reporting by Tamara Vaal; Writing by Olzhas Auyezov; Editing by Alison Williams)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.