International sanctions imposed on Russian business open new opportunities to provide the services related to the evasion schemes. Kazakhstan experiences a major inflow of Russian funds. There they will be mixed, dissolved and will find their way to the US and Europe and vice versa. The state, literally the Agency for Regulation and Development of the Financial Market readily provides ways to make it legal.
The Head of the Agency for Regulation and Development (AFRD) of the Financial Market of the Republic of Kazakhstan, Madina Abylkasymova (Madina Abilqasymova), is involved, our source tells.
Who is Madina Abylkasymova?
One of the Kazakh oligarchs, who uses the services of the Abylkasymova agency in order to withdraw money abroad, offered the head of the AFRD to help Russians avoid sanctions. For this purpose, a number of firms were created, which are covered by the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan and personally Madina Abylkasymova (Abilqasymova). The total amount of money that has been rolled through these offices has exceeded one billion US dollars since the beginning of the military conflict in Ukraine.
Thus, simple math tells that Abylkasymova earned at least $ 50 million on the scheme, because five percent is the minimum margin in such operations. The source does not name the oligarch who helped Madina Abylkasymova become a (wo)man in the middle. Nevertheless, he noted that this is a billionaire from the Forbes list, who has known the head of the AFRD for several years and has avoided troubles many times with the help of Madina Abylkasymova.
Such a situation may negatively affect not only the career of M.E. Abylkasymova but also the relations of Kazakhstan with partners.