Kazakhstan Detains Heads of National Holding and Railway Operator on Corruption Charges

The heads of Kazakhstan's national holding company Samruk-Kazyna and railway operator Kazakhstan Temir Zholy were detained on suspicion of corruption. The National Security Committee announced the arrests, which could delay the planned IPO of Temir Zholy. President Tokayev called the detentions a "serious signal" of widespread corruption in state-owned companies.

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