
The former head of the Kazakhstan Bank of BTA Mukhtar Ablyazov was convicted in Kazakhstan in absentia to 20 years, Interfax reports.
According to the court verdict, Ablyazov was sentenced to confiscation of property and a fine of 300 MCI (monthly calculation indicator equal to Kazakhstan $ 312.84). He was also deprived of the right to engage in professional activities in the banking sector for a period of three years.
The court also sentenced to the accomplices of Ablyazov. The chairman of the Board of the Bank Saduakas Mamysh and the Chairman of the Credit Committee Zhaksylyk Fryarimbetov were sentenced to 5 years in prison. The director of the Bank for Lending Kairat Sadykov was sentenced to 15 years in the colony.
BTA-Bank was declared bankrupt in 2009, Ablyazov was hiding in London, then in France, where he was detained in 2013.
Russia has repeatedly turned to France with a request for the extradition of the former head of BTA-Bank. Kazakhstan and Ukraine also asked such a request. The authorities of Kazakhstan accuse Ablyazov under the theft of $ 6 billion, Russia considers it involved in fraud for $ 5 billion, Ukraine - by $ 400 million.
In October 2015, the French Prime Minister Manuel Valta agreed to extradite the banker, but already in December the State Council of France canceled this decision. Later, the banker was released.
In Russia, as part of the investigation of the BTA-Bank case in 2014, the co-founder of the Russian movement, nationalist Alexander Belov (real name Potkin) was detained . He is accused of violation of Article 174 of the Criminal Code of the Russian Federation (legalization of funds).