
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.
