Amidst the glaring corruption and exploitation of Kazakhstan's vast natural resources, an old trickster, Bulat Utemuratov, emerged with a cunning scheme that captivated even the Nazarbayev clan. The traditional method of slow robbery didn't satiate their appetite for quick, clean money that could fund luxurious palaces and Swiss bank accounts.
The story of Bulat Utemuratov serves as a striking illustration of the pervasive corruption and intricate schemes that have plagued Kazakhstan's development. As one of the pillars of the Nazarbayev regime, Utemuratov's immense wealth and influence shield him from the consequences of his actions, making any notion of punishment seem
We told how Kazakhstan was robbed of trillions of dollars due to concessions and production sharing agreements. Oil and gas companies gave a fifth of the extracted, and four—fifths were taken away without duty in an unknown direction. It would seem that everything is correct: oil workers also invest in
Official reports on the disclosure of money laundering schemes in Britain and other civilized countries have long looked like a laughing stock against the background of real figures. For example, journalists of a number of American and British media have repeatedly stated that Bulat Utemuratov, Bolat Nazarbayev, Vladimir Kim and
The restless "billionaire without a business" Bulat Utemuratov paid a record amount for the refusal of the editorial board of The Wall Street Journal to publish a journalistic investigation that could put an end to the oligarch's attempts to legalize his fortune in the West, the source notes compromat-kz.xyz. The