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British court can deprive former Kazakh BTA Bank's head of right of defence

Kazakhstan Materials 2 March 2012 13:02 (UTC +04:00)
London's High Court can deprive the former head of Kazakhstan's BTA Bank Mukhtar Ablyazov if he has not obeyed the court’s decision to attend a hearing nor surrender his passport
British court can deprive former Kazakh BTA Bank's head of right of defence

Azerbaijan, Baku, March 2 / Trend E. Kosolapova/

London's High Court can deprive the former head of Kazakhstan's BTA Bank Mukhtar Ablyazov if he has not obeyed the court's decision to attend a hearing nor surrender his passport, RIA Novosti reported referring to the court's decision.

On February, 16 the High Court sentenced Mukhtar Ablyazov to 22 months imprisonment for contempt of court. However, the sentence has not been carried out so far, because his whereabouts has not been established.

English newspaper, The Telegraph reported earlier, that Mr Ablyazov had left the UK to France.

The criminal case against Mr Ablyazov was launched in early 2009. He is alleged to have conducted fraud amounting to $3 billion while in charge of the BTA Bank. After the case began Mr Ablyazov fled to the UK claiming asylum against political persecution.

In May 2011 the British court refused to recognise claims that the case was politically motivated and upheld the bank's claims.

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