Former head of BTA Bank, Mukhtar Ablyazov, convicted in absentia in Kazakhstan, has achieved the termination of the trial against him in France. The reason for this was the expiration of the statute of limitations in the case of breach of trust and money laundering.
The verdict was delivered by the Paris Court of Appeal. However, according to AFP, the decision is not final – the bank's lawyers filed a cassation appeal.
Criminal cases have been opened against Ablyazov in Russia, Kazakhstan and Ukraine, including fraud, forgery, abuse of power. Kazakh authorities accuse the fugitive banker of embezzling $7.5 billion. He was put on the international wanted list and detained in France.
In early January, Mukhtar Ablyazov identified himself as the leader of the protests in Kazakhstan. He stated that he sees himself as the leader of the opposition and that the protesters are contacting him.