The upper chamber of Kazakhstan's parliament, the Senate, approved on June 29 a bill on returning financial assets illegally transferred to foreign banks. The bill was approved by the lower chamber, the Mazhilis, in mid-June. President Qasym-Zhomart Toqaev is expected now to sign the bill into law. The bill was initiated by Toqaev as part of reforms launched following anti-government protests that turned deadly in January 2022 and removed the clan of Toqaev's predecessor, Nursultan Nazarbaev, from the political scene. Many in Kazakhstan are skeptical about the bill as Toqaev and many members of his government are former members of Nazarbaev's team. To read the original story by RFE/RL's Kazakh Service, click here.
Kazakh Parliament's Upper Chamber Approves Bill On Returning Financial Assets From Abroad
President Qasym-Zhomart Toqaev is expected now to sign the bill into law. (file photo)