Teare J refuses to recuse himself from Ablyazov case
Addleshaw Goddard has failed in its bid to have Mr Justice Teare recuse himself from a $6bn dispute between Kazakh billionaire Mukhtar Ablyazov and JSC BTA Bank. READ MORE
The country is in mourning - but Ablyazov rejoices – this is his wonderful opportunity for personal PR
There is a certain type of politics - I call them homo-abscessus (translated from Latin - the man-abscess), which form their own political baggage exclusively on black news. And in the absence of those make every effort for the black news to come. READ MORE
Ablyazov Sentenced to Prison in UK for Contempt of Court
The fugitive Kazakh banker Mukhtar Ablyazov, accused of embezzling $5 billion from Kazakhstan’s BTA bank, was sentenced on February 16 to 22 months in prison for failing to disclose his assets and lying under oath to the High Court of England and Wales. Justice Nigel Teare concluded that Ablyazov had breached a court-ordered freeze on his assets, presented “untrue” evidence about property ownership and provided evidence “with the intention of interfering with or impeding the course of justice.” The Justice qualified Ablyazov’s breaches as “deliberate” and “substantial,” describing his conduct as “brazen.” The court has issued arrest warrants, but lawyers of BTA bank believe that Ablyazov, who failed to appear at the hearing in London, may have already fled England (Financial Times, The Guardian, Press Association, February 16). READ MORE
From criminal schemes to political conjunctivitis
Theoretical physicist, political loser - Mukhtar Ablyazov a fugitive oligarch has chosen a new tactic of confrontation with Kazakh authorities. READ MORE
