BERLIN, Jan 17The investigation against Kazakh ex-banker Mukhtar Ablyazov for fraud and embezzlement was closed in Munich in July 2021, the local prosecutor's office told RIA Novosti. Mukhtar Ablyazov and a number of others were investigated for fraud and embezzlement The proceedings were terminated after an extensive criminal investigation by a decision of 26 July 2021 in accordance with Article 170, paragraph 2 of the Code of Criminal Procedure due to the inability to provide evidence of a crime , that is, not due to the expiration of the statute of limitations,» the department said.Ablyazov said he developed a plan to change power in KazakhstanThe Court of Appeal of Paris last week decided to stop the prosecution of the head of the board of directors of the Kazakh BTA Bank, Mukhtar Ablyazov, who lives in France and was convicted in absentia in Kazakhstan for embezzlement, due to the statute of limitations, the agency reported AFP, citing sources familiar with the situation. Ablyazov has been living abroad for many years. In Kazakhstan, the court found him guilty of creating a criminal community and embezzling BTA Bank funds, the damage exceeds $7.5 billion. The unregistered movement «Democratic Choice of Kazakhstan» headed by Ablyazov is recognized in the country as an extremist organization. In addition, the ex-head of BTA Bank was sentenced in absentia to life in prison for the murder of business partner Yerzhan Tatishev in 2004. Ablyazov said in an interview with RIA Novosti that he had nothing to do with the start of protests in Kazakhstan on January 2, but called for expanding speeches on 3 and 4 January, when the authorities of Kazakhstan had already complied with the demands of the protesters and returned the prices for liquefied gas, the growth of which was the cause of discontent. . Prices were lowered, but the protests continued and spread to other cities, including Alma-Ata, the old capital and the largest city of the republic: looting began there, militants attacked state institutions, took away weapons. In response, the authorities declared a state of emergency throughout the country and launched a counter-terrorist operation.
