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Top managers’ salary at national companies may be published by media in Kazakhstan

Kazakhstan Materials 9 April 2012 16:48 (UTC +04:00)
Sovereign Wealth Fund Samruk-Kazyna Chairman Umirzak Shukeyev does not oppose media publishing the salaries of the top managers of national companies operating in the fund.
Top managers’ salary at national companies may be published by media in Kazakhstan

Kazakhstan, Astana, April 9 / Trend D. Mukhtarov /

Sovereign Wealth Fund Samruk-Kazyna Chairman Umirzak Shukeyev does not oppose media publishing the salaries of the top managers of national companies operating in the fund.

"I think this is possible," he said. "I would not mind. But there are limitations in the legislation. This decision should pass all levels of the administrative office, that is, the board of directors, etc."

He recalled that when the matter rests in the revenue transparency, one should not forget that national companies work in market conditions now.

"There is absolute transparency in the competitive market today," he said.

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