Former CEO of Kazakhstan Kagazy, Maxat Aripa, who was wanted for large-scale fraud, has been detained in the United Arab Emirates, as reported by Zakon.kz. According to the police, Aripa, who led Kazakhstan Kagazy from 2003 to 2008, was detained in response to an Interpol National Bureau request from the Ministry of Internal Affairs of Kazakhstan. The Department of Economic Investigations in the Almaty region had issued a search warrant for Aripa for committing large-scale fraud.
On January 24, 2024, it was revealed that Aripa had been put on the wanted list. The search notice for the former head of Kazakhstan Kagazy was published on the portal of legal statistics and special records. The search case was registered on January 23 in the Almaty region upon the initiative of the Kazakhstan Financial Monitoring Agency.
