Satybaldyuly Kairat

Satybaldyuly Kairat

Biography

1991-2005

Kairat Satybaldy worked for many years in the special services - he was in officer positions in the National Security Service from 1991 to 1998, after which he was deputy mayor of Astana (1998-2000) and vice president of the national company Kazakh Oil (2000-2003), and then again worked in the National Security Service, where he held senior positions from 2003 to 2005.

2005-2015

In "Kazakhstan Railways" in 2005 to 2006. served as vice president. In addition, his biography contains the positions of Chairman of the Board of Directors of Dunie Corporation JSC (2006-2010) and Secretary of the Nur Otan Party (2010-2015). In 2015, he became a managing partner of Alatau Capital Invest.

2022

Arrest for 2 months

In mid-March 2022, the court arrested Kairat Satybaldyuly (nephew of the first president of Kazakhstan Nursultan Nazarbayev), who is accused of embezzlement of funds belonging to the country's largest telecom company Kazakhtelecom.

On March 15, the specialized interdistrict investigative court of the city of Nur-Sultan authorized a preventive measure in the form of detention for a period of two months against the suspect Kairat Satybaldyuly, - said in a statement published on the court's website.

He was placed in a temporary detention center. The nephew of the former president of Kazakhstan was detained at the Almaty airport during an attempt to go to Dubai, Olzhas Bektenov said.

Earlier in March 2022, the anti-corruption service of Kazakhstan announced the detention of Satybaldyuly on suspicion of abuse of office and theft of funds of Kazakhtelecom JSC on an especially large scale. The investigation also tested him for his attitude to "other crimes that undermine the security of the state."

Kairat Satybaldy is the son of Satybalda Nazarbayev - the brother of the first president of Kazakhstan. Satybaldy Nazarbayev tragically died in an accident in 1981. Kairat Satybalda's mother, Svetlana Nazarbayeva, is the general director of the Dәuіr publishing house. The younger brother of Kairat Satybalda - Samat Abish - after the tragic events of early January was dismissed from the post of First Deputy Chairman of the National Security Committee (NSC) of Kazakhstan.^[1]

Court sentence - 6 years in prison in the case of embezzlement of money from Kazakhtelecom

At the end of September 2022, a guilty verdict was passed against the nephew of the ex-president of the country of Kazakhstan Nurslatan Nazarbayev Kairat Satybaldyuly in the case of embezzlement of funds from the national telecom operator Kazakhtelecom JSC.

To find Satybaldyuly guilty under Articles 28 Part 3, Article 189 Part 4 Paragraph 2, Article 195 Part 4 Paragraph 2. Appoint Kairat Satybaldyuly six years in prison with confiscation and deprivation of the right to hold certain positions for a period of 10 years, - read the judge of court No. 2 of the Baikonyr district of Astana Nurlan Bayakhmetov (quoted by Tengrinews.kz).

Kairat Satybaldyuly, Nazarbayev's nephew, received 6 years in prison in the case of embezzlement of money from Kazakhtelecom

The judge ordered to determine the serving of the sentence in the institution of the penitentiary system of medium security.

In the dock, in addition to Satybaldyuly, there were 4 more people: co-owner of Temir Triumph Marat Mukhambedzhanuly, who acquired the CTS as part of privatization, vice president of the sambo federation and winner of shooting tournaments; Chingiz Konurbayev - ex-Greco-Roman style wrestler from Kyrgyzstan, was engaged in solving operational issues; Leonid Muravyov - the head of the Kazakhtelecom division and Gaini Beketov - the head of the Transport Service Center JSC (CTS).

Most of the defendants were charged with embezzlement and causing damage by deception and breach of trust.

At the same time, Kazakhtelecom asked the court not to consider the claim against Satybaldyuly and other defendants, since Nazarbayev's nephew paid all the damage. Earlier, the defendants and Kazakhtelecom entered into mediative agreements. For this reason, the defendants did not testify in court, and the case was considered in court in an abbreviated manner.

In relation to Kairat Satybaldyuly, by the end of September 2022, criminal cases of tax evasion and customs payments, as well as legalization of criminal proceeds, are additionally being investigated.^[2]

2024: Seizure of $98.6 million in the case of embezzlement of Kazakhtelecom funds

Law enforcement agencies of Kazakhstan seized 44.6 billion tenge ($98.6 million) from Kairat Satybaldyuly, nephew of the first president of the republic, Nursultan Nazarbayev, in the case of illegally withdrawn assets against. This was announced on February 8, 2024 by the press service of the Anti-Corruption Agency.

Within the framework of the investigated criminal cases against K. Satybaldyuly, the anti-corruption service just the other day additionally provided a refund in the amount of 44.6 billion tenge. Currently, the funds have been sent to the republican budget to compensate for the damage caused to the state, the department's Telegram channel says.

𝓲

ASIA-Plus

Employees of the anti-corruption service of Kazakhstan detained Kairat Satybaldyuly on suspicion of embezzlement of funds of Kazakhtelecom JSC "" on an especially large scale. By February 2024, Satybaldyuly is serving time in a medium-security correctional institution. In December 2023, he applied for parole (parole), but the court refused him, explaining that "the behavior of the convict is not impeccable."

After analyzing the characterizing data, the court concluded that the convict's behavior was not impeccable, as evidenced by the resulting recovery and violation of the uniform. The presence of these circumstances is not enough to conclude that the convict firmly embarked on the path of correction. Thus, the court came to the conclusion that the replacement of Satybaldyuly K. punishment in the form of imprisonment with restriction of freedom is premature, - said the press service of the court of the East Kazakhstan region.

Nazarbayev's nephew was sentenced to six years in prison with confiscation of property and deprivation of the right to hold certain positions. He pleaded guilty and compensated the CTS and Kazakhtelecom companies for the damage, which became a mitigating circumstance.^[3]

Notes