International Fraud & Asset Tracing - Kazakhstan

As the interest of foreign investors in resource-rich Kazakhstan is growing, a large number of Kazakhstani companies are being listed in the world's largest financial centres to raise capital.

Not all of the Kazakhstan-based companies have proved to be good investments to foreign investors. As history has shown, the lack of good corporate governance and transparency has led to a few massive fraud scandals and subsequent investigations within Kazakhstan and abroad (including one involving the UK Serious Fraud Office). Timely internal investigations could have resolved some of...