Monday, September 01, 2014


Kazakhstan

Kazakh Nuclear Execs Arrested On Corruption Charges

The executive director of Kazakhstan’s KazAtomProm national nuclear company has been arrested on corruption charges.

Kazakh State Anticorruption Agency said on April 1 that Valery Shevelyov is suspected of embezzling $710 million.

One of Shevelyov's deputies, whose last name only -- Abdrazaqov -- was made public, was also detained.

The probe is related to the construction of KazAtomProm's new facilities.

No more details were released.

KazAtomProm’s former president, Mukhtar Dzhakishev, has been serving 14-year jail term for corruption since his arrest in 2009.

Dzhakishev and his supporters have insisted his conviction is politically motivated.

KazAtomProm is Kazakhstan’s major operator producing uranium and nuclear-fuel cycle services.

Kazakhstan has no nuclear power plants.
 
Based on reporting by KazTAG and Kazinform

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