Kazakh banker and former Deputy mayor of Astana, the eldest grandson
President of Kazakhstan Nursultan Nazarbayev Nurali Aliyev as
it became clear from investigative journalism “Panama
documents”, is the owner of two offshore companies Alba
International Holdings and Baltimore Alliance Inc., registered
in the British virgin Islands, reported on the website
Organized Crime and Corruption Reporting Project (OCCPR).
Documents showing that Nurali Aliyev, Nazarbayev’s grandson and son
Dariga Nazarbayeva, Deputy Prime Minister of Kazakhstan is
the owner of two offshore companies, were received by the journalists of the German newspaper Suddeutsche Zeitung
together with the International Consortium of Investigative Journalists
(ICIJ) and OCCPR.
The first offshore company Alba
International Holdings, which, according to the documents, “has
Bank accounts in Cyprus”, but does not have any activities. As
the site says, this so-called “shelf company” which “lies
the shelf” until needed. These companies typically exist to
to save time on registration of a new company, when customers want
quickly transfer money or assets. In addition, such structures can
to be useful for the image when applying for loans or when searching
investors: long-established company stands out from the recently
The new owner of Alba on 15 September 2014 became another company
Invirogate Group, about which nothing is known, except that
the owner judging by name, date of birth and photos
attached to file is the Nurali Aliyev.
Alba International, documents,
headed by 33-year-old citizen of Kazakhstan Askar Tarabai, who lives in
Dubai, where is the representative of the company KZ
Capital General Trading LLC, engaged in retail and wholesale
trade. Askar Tarabai is the son of Baltacha Tarabaeva, former Deputy
the Chairman of the Board of state “Agricultural credit
Corporation”, established by decree of the government of the Republic of
Of Kazakhstan dated January 25, 2001 for lending to the agricultural sector. In
April 2011 Baltas Tarabai was arrested and charged with
fraud, deception, abuse of trust and authority
shaking down the agricultural company 170 000 dollars
(101 million tenge). The court sentenced him to five years in prison
conventionally, but the decision was later revised, as Tarabai returned
The second offshore company owned by Aliyev, is a company of the Baltimore Alliance. In the list of its shareholders Aliyev has been included in 2008. This company acquired the 23-metre motor yacht luxury
the cost of which, according to rough estimates, more than 1.8 million dollars.
Documents Mossack Fonseca show that Aliyev himself had picked out for her
name – Nomad. The yacht was registered in the British virgin
Islands on 11 June 2008, the same day the name of Aliyev was made in
the register of shareholders, and the request was presented by some Kurmanbaeva,
whose name is regularly mentioned in the documents of offshore companies associated
However, on 20 November when shipping from the Italian of Genoa to the Harbor of Jebel Ali in the UAE, the ship was damaged. It had to moor in
Italian port of Civitavecchia in the Tyrrhenian sea near Rome.
The captain tried to contact the shipping company to obtain
instructions, but within 17 days of its fate no one is interested,
therefore she remained in the Italian port. In 2011, Aliyev decided
to sell a damaged boat. July 25, 2011, the company Baltimore
Alliance together with the yacht was sold to the manufacturer of boat – company
Astilleros Astondoa S. A. for one pound “without debts, payments, and liens
mortgages”. “It is unclear whether this transaction counter sales” (old
yachts to the expense of buying new), the site notes.
Aliyev has not responded to the joint request of the ICIJ and OCCPR, who asked for comment.
Nurali Aliyev, Rakhatovich was born 1 January 1985. According to
official biography, at the age of 19 (in 2004) he became President
company “Sugar center” (leading producer of sugar in
Kazakhstan), which was owned by his father, Rakhat Aliyev,
held many different positions in the civil service – from the chief
the tax police of Kazakhstan, Deputy head of the state
the intelligence service to Deputy Minister of foreign Affairs and Ambassador
Of Kazakhstan in Austria. In 2007, Aliyev fell out with the President and
left the country. Kazakh authorities have charged him with
ordering the murders of Kazakh opposition leader Altynbek Sarsenbayev and
two cases of kidnapping. In February 2015 Rakhat Aliyev was
found hanged in Austrian prison cell where he was held in
pre-trial detention on charges of murder.
Nurali Aliyev, according to the website OCCPR, didn’t quarrel with his grandfather. In 2006
year he became Deputy head of JSC “Nurbank”, from 2007 to 2008 was the Chairman of the Board of Directors of Nurbank, from 2008 to 2013 he was managing Director of development Bank of Kazakhstan, and this post he occupied before his 24th birthday. In 2012, Nurali Aliyev was in Forbes as “the youngest billionaire in the country”. After a year his fortune was estimated by the magazine at $ 200 million. In December 2014, Aliyev was appointed Deputy mayor of Astana, in March 2016 years he resigned from this position.
The authorities of Kazakhstan, including President Nursultan Nazarbayev, repeatedly
urged local businessmen not to hide funds in offshore,
reminiscent of the OCCRP website.
Recall that the internal records of the Registrar of offshore companies Mossack Fonseca
served as the basis for “the Panama document” – the largest leak in
the history of journalism. The authorities of several European countries positively
comments about exposing the materials and expressed readiness to investigate cases of money laundering.
Part of “the Panama document” is dedicated to the environment of Russian President Vladimir Putin. In addition, investigation to learn about offshore schemes with the participation of Russian parliamentarians,
the family of the Minister of economic development of Russia Alexei
Speaker and Chapter
the press service of the Kremlin , Dmitry Peskov.