Kazakhstan’s Supreme Court hears final appeal in high-profile fraud case
Khasan Kasymbayev, defended by lawyer Aidos Sarsenbai, presented his final appeal on April 27, 2023, at the Supreme Court of Kazakhstan. Meanwhile, the country has implemented new telecommunications regulations to combat fraud.
Kasymbayev delivered his final statement in court on November 10, 2022, asserting that the case against him was fabricated and alleging violations of the Criminal Procedure Code. On the same day, the weighted average exchange rate of the US dollar on the Kazakhstan Stock Exchange (KASE) stood at 523.58 tenge, a decrease of 2.27 tenge from the previous session. The National Bank's official rate for the day was 526.02 tenge per dollar.
In unrelated news, MP Bolatbek Aliyev has slammed the planned ban on heavy three-axle dump trucks, set to come into force on January 1, 2026. He deemed the measure ineffective. Earlier, on November 8, a brick facade cladding collapse from a nine-story building in Astana injured five people, with one in critical condition.
Khasan Kasymbayev's final appeal has been heard, and new fraud prevention systems are now mandatory for mobile operators in Kazakhstan. The exchange rate and a building collapse also made headlines recently.
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