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Kazakhstan|business|December 21, 2017 / 11:54 AM
BNY Mellon freezes $22 billion of Kazakhstan assets: Reuters

AKIPRESS.COM - 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, a source familiar with the case told Reuters on Thursday.

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, the source told Reuters.

Kazakhstan’s central bank and justice ministry could not be immediately reached for comment.

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