Kazakh President Addresses Arrests of National Welfare Fund and Railway Heads

Kazakh President Kassym-Jomart Tokayev stated that the arrests of the heads of the Samruk-Kazyna National Welfare Fund and Kazakhstan Temir Zholy (KTZ) indicate widespread corruption in state companies. He noted that investigations have just begun and that details cannot be disclosed according to the law. This is the first major corruption case in state companies since the 'Law and Order' concept was adopted.

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