Kazakhstan: MP's Son Arrested for Bribery
Kazakhstan’s National Anti-Corruption Bureau arrested the son of a prominent Kazakh parliamentarian on Thursday for alleged bribery while at the helm of a state contract agency.
Jakupov is the son of former lower house speaker Kabibulla Jakupov. Investigators quickly downplayed any connection between the elder Jakupov and his son’s alleged crimes.
Local anti-corruption authorities also arrested two other heads of Baiterek Development in connection to the case.
The suspects allegedly received bribes in connection with Kazakh President Nursultan Nazarbayev’s massive, state-funded $9 billion stimulus plan, which began in 2014.
Aslan Jakupov’s name appears in the Panama Papers as being a shareholder of the Panamanian offshore Zoldane SA. His brother, Zhaslan Jakupov, also a shareholder in Panamanian offshores, has denied that his brother is involved in any criminal activity.