BISHKEK/Oct. 3 (The Conway Bulletin) – Kyrgyzstan effectively stripped former president Almazbek Atambayev of his immunity from prosecution after the Supreme Court ruled it was an unconstitutional benefit enjoyed by Kyrgyz former leaders. The ruling is a victory for President Sooronbai Jeenbekov who has argued with his predecessor and mentor since taking over in December last year. that they have drummed up. The IPO market has weakened over the year, possibly delaying Kazakhstan’s IPO plans, but Kazatomprom’s GDR listing is not enough to give ordinary investors a decent buy-in into Kazakhstan and Kazakh companies.
ENDS
>>This story was first published in issue 388 of The Conway Bulletin on Oct. 17 2018