How did an oil-rich region in western Kazakhstan end up with a $100-million hole in its budget?
According to investigators from Astana, this giant hole in public funds in Atyrau Region was caused by massive fraud perpetrated by a man who was a member of Kazakhstan’s national parliament and who just happened to be the brother of the regional governor, acting in cahoots with corrupt officials and construction firm bosses. Speculation is rife in Kazakhstan about whether this corruption scandal is the product of political infighting, but the bare facts are as follows.
On October 1 charges were brought against Amanzhan Ryskali, brother of recently fired regional governor Bergey Ryskaliyev, on one count of fraud, but police are investigating a total of 13 corruption cases involving theft to the tune of 16 billion tenge (a little over $100 million).
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