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Monday, January 5, 2026
In an interview with the newspaper “Turkistan,” Kazakh President Kassym-Jomart Tokayev spoke about ongoing efforts to recover illegally acquired assets and conclude agreements with the owners of such assets worth more than five trillion tenge for investment in the country.
According to Kassym-Jomart Tokayev, the Committee for the Return of Illegally Acquired Assets has recovered over 1.3 trillion tenge from oligopoly entities, over one trillion tenge of which went to the state. Using funds from the Special State Fund, construction of 434 social and utility facilities across the country has been completed and is ongoing, totaling 482 billion tenge. These include 227 water supply facilities, 183 medical facilities, 11 educational facilities, 5 sports facilities, and 8 infrastructure facilities, including the reconstruction of airports in Pavlodar, Arkalyk, and Balkhash.
The President emphasized that this work is ongoing and has become part of the daily operations of authorized bodies, with an emphasis on objectivity and fairness. He noted that many owners of assets suspected of being “shady” have expressed a desire to invest in the country, and agreements worth over five trillion tenge have been signed with them. These funds are planned to be used to implement investment and social projects, including tourism, transport and logistics centers, projects in the mining, metallurgy, and energy sectors, as well as in education, healthcare, culture, sports, and funding for rehabilitation and socialization programs for those in need.
Kassym-Jomart Tokayev instructed the Prosecutor General’s Office and the Government to implement all plans and agreements, emphasizing that restoring social justice through the return of illicit assets is the state’s fundamental position. He noted that Kazakhstan operates strictly within the framework of international law and is ready for honest dialogue within the legal framework, confident in the correctness of its position. The President assured that the country will continue to strengthen its status as an attractive investment jurisdiction.
