Nazarbayev Nursultan Abishevich

Nazarbayev Nursultan Abishevich

Biography

 In 1967 he completed the evening department of the Vtuz plant  at the Karaganda Metallurgical Plant with a degree in metallurgical engineering, in 1976 - the correspondence Higher Party School under the Central Committee (Central Committee) of the CPSU.

1973-1977: Secretary of the Party Committee of the Karaganda Metallurgical Plant

 In 1973-1977, he served as secretary of the party committee of the Karaganda Metallurgical Plant.

1977-1984

 From 1977 to 1979 - Secretary, Second Secretary of the Karaganda Regional Party Committee.

 In 1979-1984 he was secretary of the Central Committee of the Communist Party of Kazakhstan. The post of first secretary of the Central Committee was held during these years by Dinmukhamed Kunaev.

1990: Election as President of Kazakhstan

 On April 24, 1990, the Supreme Council of the Kazakh SSR adopted a law establishing the post of President of Kazakhstan and elected Nursultan Nazarbayev as head of the republic.

2019: Resignation as Kazakhstan's president, head of security council

Nursultan Nazarbayev announced his resignation from the post of President of Kazakhstan in March 2019. He remained in the Constitutional Council of Kazakhstan and headed the ruling and largest party of Kazakhstan "Nur Otan," as well as the security council of the republic.

2020

Coronavirus infection

On June 18, 2020, it became known about the detection of the coronavirus COVID-19 in Nursultan Nazarbayev. As reported on the official website of the first president of Kazakhstan, 79-year-old Nazarbayev is on self-isolation.

Unfortunately, the last test of elbasy (leader of the nation - approx. TAdviser) for coronavirus infection showed a positive result, - it was reported.

However, Nazarbayev's website assured that there is no reason for concern: the ex-head of Kazakhstan continues to work remotely.^[1]

Information about the disease of the former president became known against the background of the return of anti-epidemic restrictions in Kazakhstan due to the increase in the incidence of a new coronavirus infection. Earlier it was reported that the Prime Minister of Kazakhstan Askar Mamin went to self-isolation. By June 18, 2020, 15,542 cases of COVID-19 have been confirmed in Kazakhstan.

Assets of the Nazarbayev Fund for $7.8 billion

• Asia Pacific Bank (ATB)
• Astykzhan
• Optima Bank

Former President of Kazakhstan Nursultan Nazarbayev used Britain to manage assets worth $7.8 billion, including American treasury bonds, government bonds of Kazakhastan and Kyrgyzstan and more than $3 billion in cash.

Nazarbayev used the UK-registered holding company Susan Technologies in 2020 − 2021.

The holding's assets, TBIJ reports, include banks, telecommunications companies and retail enterprises located mainly in Kazakhstan, but also in Luxembourg, Britain, the UAE, and the United States. From the documents it can be seen that the net assets of Susan Technologies at the end of 2020 amounted to $1.6 billion, net profit - more than $550 million.

The most valuable business in the structure of Susan Technologies is one of the largest retail banks in Kazakhstan First Heartland Susan Bank. Deputy Chairman of this bank - former Deputy Prime Minister and Assistant to President Nazarbayev until 2015, Yerbol Orynbaev, was a director of Susan Technologies and owned a share of 4.6% in this company.

Another shareholder of the bank was Galimzhan Yesenov. He is called "the oligarch, the husband of the daughter of Nazarbayev's nephew." Yesenov, according to TBIJ, has 20% in First Heartland Susan Bank. In addition to them, the share in Susan Technologies was owned, in particular, by Sheikh Tahnun bin Zayed al-Nahyan, the son of the founder and first president of the UAE.

2022

Support for President Tokayev after unrest in Kazakhstan

After large-scale riots in Kazakhstan on January 18, 2022, Nursultan Nazarbayev made a video message.

The purpose of organized riots and an attack on Kazakhstan was to destroy the integrity of the country and the foundations of the state.

He said that President Tokayev has full power, there is no conflict or confrontation in the elite of Kazakhstan, rumors on this topic are absolutely groundless.

"In 2019, I transferred the powers of the president to Kassym-Jomart Tokayev and since then I have been a pensioner. I am currently on a well-deserved vacation in the capital of Kazakhstan and have not left anywhere. "

Credit Suisse leak on billions of dollars in turnover in relatives' accounts

The family of the former President of Kazakhstan Nazarbayev became the main star of the data leak from the Swiss bank Credit Suisse in February 2022. Nazarbayev's daughter Dinara Kulibaeva and her husband Timur Kulibaev owned accounts with Credit Suisse from 2008 to 2012. During this time, the amount of about $5 billion visited their accounts (at the exchange rate for December 2012)

The eldest daughter of ex-President of Kazakhstan Darig Nazarbayev from 2008 to 2012 owned six accounts totaling $150 million.

Kazakh authorities seize $481 million in criminal cases against family members

In July 2022, the authorities of Kazakhstan seized $481 million from Nursultan Nazarbayev. This amount was seized during the investigation of criminal cases related to the family of former President Nursultan Nazarbayev. The funds have been refunded, "including by returning them from foreign jurisdictions," Tengrinews reports.

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