Home Net Worth Mukhtar Ablyazov Biography, Net Worth, Family, Wife, and Latest News

Mukhtar Ablyazov Biography, Net Worth, Family, Wife, and Latest News

Here is everything you need to know about Mukhtar Ablyazov Biography, Net Worth, Family, Wife, and Latest News.

Mukhtar Kabyluly Ablyazov ( born 16 May 1963) is a former chairman of Bank Turan Alem (BTA Bank)[1] , co-founder and a leader of the unregistered political party Democratic Choice of Kazakhstan (QDT).

He was also the former head of the state-owned Kazakhstan Electricity Grid Operating Company (KEGOC) as well as briefly holding the position of Minister for Energy, Industry, and Trade in Kazakhstan.

Ablyazov has been accused of embezzling $6 billion from BTA Bank while serving as chairman.

In 2015, a French court in Lyon issued an extradition order. However, in December 2016, France’s highest administrative court, the Conseil d’Etat, canceled the extradition order, on the ground that Russia had a political motive in making the extradition request.

Ablyazov was subsequently released from the Fleury-Mérogis Prison and is believed to currently reside in Paris, France. The UK High Court of Justice has twice issued arrest warrants on Ablyazov; most recently July 25, 2019, and extended to 22 months a court-ordered detention originating in 2012 for a contempt of court judgement.

Mukhtar Ablyazov Biography, Net Worth, Family, Wife, and Latest News Summary

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Mukhtar Ablyazov is the former chairman of Bank Turan Alem and the founder of the political party Democratic Choice of Kazakhstan. He belongs to Democratic Choice of Kazakhstan.

Ablyazov had a long and complex political journey, one which ended recently with massive legal consequences. For instance, Ablyazov has been accused of embezzling 6 billion USD from BTA Bank while serving as chairman. An amount that has contributed to his net worth estimate.

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Ironically, it has been broadcasted that the net worth of Mukhtar Ablyazov is 150 Million USD, an amount that is less than the purported embezzled fund.

Meanwhile, Ablyazov first entered in politics when he was appointed to an oil and gas company owned by the state.

Ablyazov was born on 16th May 1963 in Galkino Village under the Soviet Regime.

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Ablyazov received a degree in theoretical physics and became a researcher at National University.

Ablyazov married his wife Alma Shalabaeva in the year 1987. and they are blessed with children; Madina Ablyazov, Madiyar Ablyazov, Alua Ablyazov, and Aldiyar Ablyazov.

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