zakonkz.com

Interpol will assist the Prosecutor General's Office in Kazakhstan in recovering illegal assets.

The partnership will enable a more prompt and effective response to economic crimes.
Interpol will assist the Prosecutor General's Office in Kazakhstan in recovering illegal assets.

The National Central Bureau of Interpol under the Ministry of Internal Affairs of Kazakhstan and the Committee for Asset Recovery of the General Prosecutor's Office will collaborate and investigate economic crimes and instances of illegal asset withdrawal, exchanging information and experience to combat unlawful financial operations. The agencies have signed a memorandum, reports a correspondent from the Kapital.kz business information center, citing the press service of the Ministry of Internal Affairs.

"The memorandum reaffirms our commitment to ensure transparency and fairness, as well as to strengthen global efforts to recover assets acquired unlawfully," noted the head of the National Central Bureau of Interpol at the Ministry of Internal Affairs, Merey Makulzhan.

It is anticipated that this partnership will enable a faster and more effective response to economic crimes, providing support for international investigations and returning funds belonging to states and their citizens.

Notably, at the recent meeting of the special commission led by Prime Minister Olzhas Bektanov, assets totaling 24 billion tenge were directed to the state. The Committee for Asset Recovery has contributed 2.2 billion tenge to the Special State Fund. These funds have been allocated to mitigate the effects of flooding in the country.

It was previously reported that the commission approved several agreements for the return of illegally acquired assets amounting to over 85 billion tenge. Among these are residential and administrative buildings in Kazakhstan and abroad, cash, stakes in companies, expensive jewelry, and over 10,000 hectares of land. Additionally, a lawsuit has been approved for submission to the court regarding the confiscation of an asset of unexplained origin belonging to an enterprise valued at over 10 billion tenge.