Kazakh parliament's lower chamber, the Mazhilis, approved a bill on June 14 on returning financial assets illegally transferred to foreign banks. Parliament's upper chamber, the Senate, has to approve the legislation in order for President Qasym-Zhomart Toqaev to sign it into law. The bill was initiated by Toqaev as part of reforms launched following violently dispersed anti-government protests that shook the nation in January 2022, which removed Toqaev's predecessor Nursultan Nazarbaev's clan 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 Lawmakers Approve Bill On Returning Financial Assets From Abroad
Kazakh deputies approved the bill on June 14. (file photo)