News

06.12.2023
NEW YORK FEDERAL COURT AWARDS BTA BANK ATTORNEYS’ FEES FOLLOWING JURY VERDICT CONCERNING ABLYAZOV’S THEFT
The United States District Court for the Southern District of New York on 28 November 2023 awarded BTA Bank JSC its attorneys’ fees incurred in connection with certain of BTA Bank’s claims against Triadou SPV S.A., a shell company used to launder money stolen by former Chairman Mukhtar Ablyazov and his son-in-law and co-conspirator, Ilyas Khrapunov.

03.08.2023
AMERICAN COURT FOUND THAT MUKHTAR ABLYAZOV STOLE MONEY FROM BTA BANK AND LAUNDERED THEM IN THE USA
July 31, 2023 John G. Költl, Judge of the US District Court in the Southern District of New York, delivered a judgment in favor of BTA Bank JSC against Triadou SPV S.A. for over $193 million. The court's judgment followed the December 2022 jury verdict, under which Triadou was held liable for embezzlement and illicit enrichment. Besides the jury's verdict, the judge detailed the rationale for his decision on 66 pages after studying the case file. As a result, the court recognized the BTA’s claim in respect of Triadou for the trust and any funds that may have been received from the use of BTA funds, and also satisfied BTA's claims in respect of a number of Triadou's assets.

08.07.2023
PRESS-RELEASE
BTA Bank has been informed that Mukhtar Ablyazov has received a document requiring him to leave French territory within 30 days, following the decision of the National Court of Asylum Law to deprive him of his refugee status.

30.05.2023
On the extension of the arrest warrant for Mukhtar Ablyazov
BTA Bank informs that on April 20, 2023, the High Court of England extended the arrest order made in February 2012 for Mukhtar Ablyazov, the former head of the Board of Directors of BTA Bank.

24.05.2023
PRESS-RELEASE
BTA Bank informs that on May 23, 2023, the French Court of Cassation ruled that the terms of criminal prosecution had not expired in the criminal case against Ablyazov under the BTA Bank’s appeal.