Showing posts with label Kulibayev. Show all posts
Showing posts with label Kulibayev. Show all posts

Thursday, June 29, 2006

Kazakh Leader's son-in-law New Oil Mogul

On Tuesday, Timur Kulibayev, Kazakh leader Nazarbayev's son-in-law, was elected chairman of the country's state oil and gas company, Kazmunaigas, Reuters reports. This strengthens the tendency towards increasing control of key positions in Kazakh society by the Nazarbayev family.

As is already the case, the Nazarbayev family exercises a disproportionate influence over Kazakhstan. Only last week, news came that Kulibayev's wife and presidential daughter, Dinara, is a large indirect owner of Halyk Bank, the country's third largest bank. Another daughter, Dariga, is a party leader and an MP, whereas her husband, Rakhat Aliyev, serves as deputy foreign minister.

The 65-year-old Nazarbayev is Kazakhstan's leader since 1989. During his reign, he has often been accused of nepotism and it is quite obvious that he deliberately places family members on central posts in government and business to gradually exert greater control over Kazakhstan.