Honest business has nothing to worry about — Alikhan Smailov on illegally acquired assets returns

Alikhan Smailov, Prime Minister of the Republic of Kazakhstan, told about the work on the return of illegally acquired and withdrawn assets to the state at a briefing after the meeting of the Senate of the Parliament of the Republic of Kazakhstan, El.kz cites primeminister.kz.

Prime Minister noted that the work on the return of assets is carried out in strict accordance with the law, which was adopted, and is a logical continuation of political and economic reforms of the Head of State. The main task is to restore social justice, return assets and make them work for the economy of the republic.

"There are two ways of doing this that is voluntary and compulsory, which is implemented in accordance with the court decision. As for the circle of persons who fall under the law, it is clearly delineated. These are persons who, taking advantage of administrative resources, illegally obtained assets. Good business has nothing to worry about," Alikhan Smailov said.

According to him, the returned funds will be used to implement important projects in the social sphere, as well as infrastructure and production projects with the creation of new jobs.

"To date, about 1 trillion tenge worth of assets have been returned. Of these, about $600 billion came from abroad. This work is continuing,"Prime Minister emphasized.

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