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Crooked dealings in uranium-rich Kazakhstan

Kazakhs accuse ex-uranium boss of money laundering

Mining Weekly, -2010-03-04By: Reuters
4th March 2010 , ASTANA – Kazakhstan on Thursday accused a former uranium tycoon of money laundering and said its security service had launched a new criminal probe into his affairs in a case that has shaken confidence in the Central Asian state.

One of Kazakhstan’s most prominent business figures, Mukhtar Dzhakishev was arrested last year on accusations of corruption, theft and illegal sales of uranium assets to foreign companies…..

Kazakhstan, hit hard by global economic slowdown, wants to attract fresh foreign investment as well as bolster the role of the state in strategic industries such as uranium and oil.

It has also alarmed human rights groups who have questioned Kazakhstan’s methods of fighting corruption in a country where President Nursultan Nazarbayev, in power for two decades, tolerates little political dissent.http://www.miningweekly.com/article/kazakhs-accuse-ex-uranium-boss-of-money-laundering-2010-03-04

March 5, 2010 - Posted by | Kazakhstan, secrets,lies and civil liberties | , , , , , ,

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