On March 20, a Kazakh citizen suspected of large-scale fraud was extradited from the United Arab Emirates. The General Prosecutor's Office revealed that the suspect deceived a friend in 2010 to act as a guarantor for a bank loan, then disappeared with over 260 million tenge.
After committing the crime, the suspect went into hiding for nearly a decade before being apprehended in the UAE last year. Currently, he is detained in Astana's investigative isolation ward. The offense carries a penalty of five to ten years of imprisonment with asset confiscation.
This incident follows another high-profile arrest in the UAE, where former Kazakhstan Kagazy CEO, Maksat Arip, was detained for a similar large-scale fraud case.
