Featured Kazakhstan

FinCEN Files: Banks Flagged Felix Sater for $100 Million In Suspicious Activity

By Anthony Cormier, Jason Leopold, John Templon, Scott Pham, Jeremy Singer-Vine, Richard Holmes and Tom Warren, BuzzFeed News, 15 October 2020 BuzzFeed News — Long before he emerged as one of the central figures in then–special counsel Robert Mueller’s investigation of President Donald Trump and Russia’s interference in the 2016… Read More

Kazakh Opposition Leader Charged In France With Embezzlement

Kazakh opposition leader Mukhtar Ablyazov has been charged in Paris with embezzling $7.5 billion in a case brought by Kazakhstan, according to one of his lawyers. Gerard Cholakian said Ablyazov, who was recently granted political asylum in France, was charged with “aggravated abuse of trust” and “money laundering” before he… Read More

Cost will not deter us going after dirty money, UK police say

Britain will not be deterred from using anti-graft powers to target foreign oligarchs’ suspected dirty money despite the large cost risk and a recent court setback, a senior police officer has said. Unexplained Wealth Orders (UWOs) were introduced in 2018 to help the authorities target the illicit wealth of foreign… Read More
5th October 2020
For years, the deputy head of Kyrgyzstan’s customs service enabled customs fraud from the shadows. In 2017, he was unceremoniously fired. But Raimbek Matraimov appears to have found a way to stay in the customs game with the help of some old friends, a family of Uighur smugglers… Read More
23rd September 2020
The European Union imposed sanctions on Monday on a Turkish shipping company accused of breaking a U.N. arms embargo on Libya and whose vessel was involved in a naval incident between NATO members France and Turkey in June. The asset freeze of Avrasya Shipping, which the EU said operates the… Read More
22nd September 2020
Macquarie Group and Commonwealth Bank are facing fresh scrutiny of their oversight of anti-money laundering laws after it emerged that overseas banks had reported close to $167 million of potential dirty money transactions flowing through the two Australian banks. The International Consortium of Investigative Journalism (ICIJ) has released a… Read More
8th September 2020
Malta’s lucrative financial services industry and its international ranking has suffered another blow as the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has downgraded the island’s standing to “partially compliant”. This downgrade ranks Malta as one of the countries with the lowest standards in the… Read More
23rd July 2020
A costly visa favored by Russian oligarchs and other wealthy investors should be completely revised because it was widely exploited and applicants weren’t adequately vetted, according to a report that laid out the scale of the country’s infiltration in U.K. society and politics. “The U.K. welcomed Russian money, and… Read More
30th June 2020
The grandson of the former president of Kazakhstan and other respondents have submitted a demand for 1.5 million pounds in costs from Britain’s National Crime Agency after the High Court struck down anti-graft orders against them, a spokeswoman said. The demand for costs underscores the difficulties Britain has faced in… Read More
10th April 2020
The family of Kazakhstan’s former president overturned a freeze on their 80 million-pound ($98 million) property portfolio, dealing a setback to U.K. law enforcement officials’ use of a new tool to combat money laundering. The freeze was part of three unexplained wealth orders brought by Britain’s National Crime Agency. One… Read More
16th March 2020
The mystery of who owns 221b Baker Street must be solved, politicians have said after a crackdown on unexplained wealth targeted a Kazakh family linked to the Sherlock Holmes address. The real property behind the fabled home of Britain’s best-loved detective is part of a block of office and flats… Read More
12th March 2020
The criminal wealth of a former Kazakh secret police chief accused of extortion and murder “lives on” in London through three properties worth £80 million, the National Crime Agency has told the High Court in Britain’s second “McMafia” trial. Nurali Aliyev and his mother, Dariga Nazarbayeva, the current chairwoman of… Read More
11th March 2020
A high-security mansion on one of London’s most exclusive roads is the target of the UK’s latest use of Unexplained Wealth Orders (UWOs). The vast property, owned by companies based in tax havens, has been frozen ahead of a court hearing on Tuesday. Public records show Nurali Aliyev, the grandson… Read More