Former Kazakh President's Son-In-Law Resigns As Chairman of KazEnergy Association

Timur Kulibaev

Kazakhstan's KazEnergy group -- an association of almost 60 oil and gas companies -- said on December 8 that former Kazakh President Nursultan Nazarbaev's son-in-law, Timur Kulibaev, has resigned as chairman of the group after leading it since it was established in 2005.

A KazEnergy statement at its website said the group is now managed by Maghzum Myrzaghaliev, who previously served as energy minister, adviser to President Qasym-Zhomart Toqaev, and head of the board of the oil company Kazmunaigaz.

Kulibaev, one of the richest people in the world, is married to Nazarbaev’s middle daughter, Dinara, with whom he owns the largest bank in Kazakhstan and assets in several other businesses. Forbes magazine estimates their combined wealth to be more than $8 billion.

Kulibaev, 57, had already left other prominent executive positions since unprecedented anti-government protests turned to mass unrest across the oil-rich Central Asian nation, leaving at least 238 people dead.

This includes his departure in February last year from the board of directors of Russia's Gazprom energy giant after serving for more than 10 years and his departure in January from the post of chairman of Kazakhstan's National Chamber of Entrepreneurs, Atameken.

The departures follow a pattern of purges of relatives of Nazarbaev, 83, who ruled Kazakhstan for almost 30 years but who was widely believed to have remained in control behind the scenes after handing power to Toqaev in 2019. However, after deadly unrest in 2022, Nazarbaev and his inner circle lost influence in the country.

Two other sons-in-law of Nazarbaev, Qairat Sharipbaev and Dimash Dosanov, were pushed out of top jobs at major state energy companies, QazaqGaz and KazTransOil, respectively, at the time.

Several other Nazarbaev relatives also lost top positions in the tightly controlled former Soviet republic.

In September, the Kazakh Prosecutor-General's Office said it had launched a probe against Nazarbaev's nephew, Samat Abish, on a charge of abuse of office while serving as the first deputy chairman of the Committee of National Security (KNB), the post he was dismissed from after the deadly mass unrest.

In September 2022, Nazarbaev's once-powerful nephew Qairat Satybaldy was sentenced to six years in prison on corruption charges.

The protests in January 2022 were violently dispersed by police and military personnel, including troops of the Russia-led Collective Security Treaty Organization that Toqaev invited into the country claiming that "20,000 extremists who were trained in terrorist camps abroad" attacked Almaty.

The authorities have provided no evidence proving Toqaev’s claim about foreign terrorists.