<p>If the funds were deposited in Hong Kong, good luck to Shaw. The PRC has a vested interest in keeping the Nazarbayev family happy.</p>
<p>Let's see if student activists at Columbia take up this story.</p>
<p>
[quote]
Nazarbayev is a Karimov endowed with oil wealth: their regimes are so similar, ideologically, as to be almost interchangeable, and this is due in large part to their very similar biographies. Like Karimov, Nazarbayev rose up through the ranks of the Communist Party of the Soviet Union: he became head of the Kazakhstan Communist Party, and was "elected" – with 99 percent of the vote – as the nation's president after the Soviet collapse. This enabled him and his cronies to boogie with the president of the World Bank, collect untold millions in the form of kickbacks from Western oil companies, and kick his subjects around with impunity. </p>
<p>The Byzantine tale of corruption that is the recent history of Kazakhstan was ably detailed by Seymour Hersh in The New Yorker, and it is a subset, in many ways, of what happened in the former Soviet Union during the Yeltsin era, when the oligarchs – using their political connections – looted the nation's wealth and grabbed entire industries for pennies on the dollar in the Great Soviet Fire Sale of the 1990s. Describing the scandal that subsequently became known as "Kazakh-gate," involving Mobil Oil, former Russian Prime Minister Viktor Chernomyrdin, the Russian Mafia, Nazarbayev, and other top Kazakh government officials,
[/quote]
<a href="http://www.antiwar.com/justin/?articleid=6256%5B/url%5D">http://www.antiwar.com/justin/?articleid=6256</a></p>
<p>Hersh wrote:</p>
<p>
[quote]
"More than a billion dollars of Mobil's cash was paid to Russian companies in unorthodox transactions; questionable accounting practices were followed: and multimillion-dollar transfers were made that, as a Patton Boggs report put it in one case, 'did not have any apparent valid business purpose.' The investigators' working papers and summary reports, many of which were obtained for this article, suggest that Mobil's activities' in Russia and Kazakhstan were not driven entirely by a desire for quick profit. The company also had a strategic goal: access to Kazakhstan's rich Tengiz oil field. … Internal Mobil documents gathered for this account provide an unparalleled view of a major American oil company's dealings in the former Soviet Union. They raise questions about the company's decisions to enter deals that ultimately benefited powerful figures in the region, including President Nursultan Nazarbayev, of Kazakhstan, and former Prime Minister Viktor Chernomyrdin, of Russia."
[/quote]
</p>
<p><a href="http://www.newyorker.com/archive/2001/07/09/010709fa_fact_hersh%5B/url%5D">http://www.newyorker.com/archive/2001/07/09/010709fa_fact_hersh</a></p>