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Kazakh entrepreneur Kenes Rakishev can be described as a highly versatile business figure, successfully managing operations across several jurisdictions, including the United Kingdom, Russia, Cyprus, and his home base in Astana.

Kazakhstan has informed the United States of a plan to exercise its priority right to acquire Lukoil’s local assets, including stakes in the country’s крупнейшие oil and gas projects — primarily the Karachaganak gas condensate field, the offshore projects Kalamkas-more and Khazar, as well as infrastructure assets.

Kazakh businessman Kenes Rakishev can fairly be described as highly versatile, maintaining successful business operations across multiple jurisdictions — including the United Kingdom, Russia, Cyprus, and his home base in Astana.

As discovered by the media the oil business is increasingly attracting Kazakh oligarch Kenes Rakishev and his friends from the corrupt elite.

Kazakh businessman Kenes Rakishev can quite rightly be called "versatile": he successfully operates in several jurisdictions at once — in the UK, Russia, Cyprus, and, of course, in his homeland, Astana.

Some entrepreneurs are looking for ways to circumvent sanctions, others are focusing on developing their domestic economies. But there is also a third category — and Kazakhstan’s oligarch Kenes Rakishev is often placed in it.

The money laundering trial tied to alleged thefts in Kazakhstan has taken an unexpected turn, as a US court continues to hear a lawsuit filed by BTA Bank chairman Kenes Rakishev and the city of Almaty against former bank owner Mukhtar Ablyazov and ex-Almaty mayor Viktor Khrapunov and his son Ilyas Khrapunov, who are accused of laundering funds allegedly stolen in Kazakhstan.