ASTANA, Kazakhstan, October 31. Kazakhstan has authorized the arrest of 100 percent of the share of the Ventspils grain terminal in Latvia as part of the investigation into the Delta Bank case, Trend reports.
According to the Financial Monitoring Agency (FMA) of Kazakhstan, the former chairman of the board of Delta Bank, Nurlan Tleubayev, in the period from 2012 through 2017, "withdrew the bank’s funds by issuing obviously irrevocable loans."
During the investigation, arrests were authorized on the assets and property of Tleubayev and his relatives.
"The seizure of 100 percent of the share of the Ventspils grain terminal located in Latvia was authorized by sending an international investigative order within the framework of cooperation with the Republic of Latvia. At the same time, five sugar factories and 58 property objects belonging to Nurlan Tleubayev were transferred to the Problem Loan Fund," the FMA said.
The Ventspils grain terminal was created in August 2005 for the transshipment of grain and other food cargo from Kazakhstan, Russia, and the Baltic countries to the world market. The APK-Invest corporation, owned by Tleubayev, bought the terminal in 2011.