Arrest extended for ex-president’s nephew

Special correspondent of the "News" department
Kairat Satybaldy will remain in custody until June 13

Kairat Satybaldy won’t be let free until June 13, according to Ulan Sarkulov, deputy head of Kazakhstan’s Anti-Corruption Agency.

«The investigation is still ongoing. We have to perform some expert examinations, so investigative actions are in the progress. As a result, yesterday the Nur-Sultan court approved the extension of the detention of Kairat Satybaldy in custody until June 13,» said Sarkulov.

Kairat Satybaldy was detained on March 13. According to the Anti-Corruption Agency he is accused of abuse of power and embezzlement of a huge amount from Kazakhtelecom. On March 15 he was arrested for two months by the court.

Satybaldy was born in 1970 in Almaty. His father Satybaldy was a brother of Nursultan Nazarbayev. Kairat Satybaldy is an executive partner in Alatau Capital Invest and a shareholder in Kazakhtelecom. According to Forbes Kazakhstan, he was ranked in the country’s top 50 most influential businessmen in 2018.

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