Kazakhstan completes probe into QazConstruction, damage at 1.6 bln tenge
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Kazakh authorities have completed an investigation into QazConstruction, a company accused of embezzling over 1.6 billion tenge ($3.3 million) from state infrastructure projects. The probe covered 11 government contracts for water supply and sports facilities in nine settlements across three regions. Officials have seized assets worth 1.3 billion tenge to cover damages.
The Investigation
The Department of Economic Investigations for East Kazakhstan Region completed the probe, as announced by deputy head Timur Mukanov at a briefing. The scheme involved systematic theft through public procurement over several years. Targets included water supply reconstruction and sports complex construction in East Kazakhstan, Abai, and Kostanay regions.
Unfinished Projects
All 11 contracts were for socially significant infrastructure, but none were completed. Facilities due for commissioning in 2022 remain unfinished. The embezzlement undermined access to clean drinking water in rural areas, the akimat said.
Legal Action
Criminal charges have been brought against officials from customer organizations, contractors, and technical supervision representatives. The court has ordered asset seizures totaling 1.3 billion tenge. The department said combating budget theft in social construction remains a priority.
What's Next
The case will now proceed to court for trial. It remains unclear whether the seized assets will fully cover the 1.6 billion tenge damage or if additional recovery measures will be needed.
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Kazakhstan completes probe into QazConstruction, damage at 1.6 bln tenge
