US financial holding freezes $22 bln of Kazakhstan assets
Finance
- 21 December, 2017
- 14:00
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Baku. 21 December. REPORT.AZ/ The Bank of New York Mellon has frozen $ 22 billion in Kazakhstan's oil-generated National Fund's assets over a lawsuit launched by Moldovan businessman Anatolie Stati and his companies against the Kazakh government.
Report informs citing the Reuters.
Kazakhstan's National Bank has in turn filed a lawsuit against BNY Mellon. A British court is due to deliver a judgment on that case on Thursday.
Kazakhstan's central bank and justice ministry could not be immediately reached for comment.
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