Shareholders of Kazakhstan’s major telecommunications operator, Transtelekom, have elected former Kazakh President Nursultan Nazarbaev's grandson, Nurali Aliev, as the chairman of the company’s board of directors, Kazakhstan's Stock Exchange said late on July 31. The announcement comes as President Qasym-Zhomart Toqaev openly condemned Nazarbaev's nepotism policies and has been targeting him and his close relatives -- many of whom held powerful or influential posts in government, security agencies, and profitable energy companies following unprecedented anti-government protests in January 2022 that turned deadly. Some of Nazarbaev’s relatives were handed prison terms on corruption charges.
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