Posted on Jul 05, 2019
By order of Georgian President Salome Zurabishvili, the country's first woman president, under Article 5.1 of the Law of Georgia, Kazakh fugitive oligarch Mukhtar Ablyazov has been deprived of that country's 'Order of Honour', which had been bestowed on him "For Successful Investment Projects and Enormous Personal Contribution to Economics of Georgia" in November 2006.
On June 7th, 2017, Ablyazov was found guilty by decision of the Almaty Criminal Court of the theft of several billion dollars from BTA Bank, of which was formerly the Head, and sentenced to 20 years in prison. He also has a conviction for murder, for which he faces a life sentence.
He also has criminal convictions in the UK, where two consecutive 22 month prison sentences await him, should he ever return to the country, and outstanding extradition warrants from Russia and Ukraine, as well as his home country.
An Interpol Red Notice against Ablyazov was controversially removed after lobbying within the institutions of the EU by the controversial human rights NGO Open Dialog Foundation, which it was recently stated in the European Parliament was set up by Ablyazov himself, and which has subsequently been implicated in money laundering activities related to the monies he embezzled from BTA.
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