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ASTANA – Kazakhstan’s BTA Bank will receive assets and money worth $38.3 million after reaching an amicable agreement with Joseph Chetrit, an American developer and former partner of fugitive oligarch Mukhtar Ablyazov.
“During a trial initiated in 2015 by BTA Bank JSC and Almaty Akimat [mayor’s office] against Mukhtar Ablyazov, Viktor Khrapunov, Ilyas Khrapunov, and Triadou SPV S.A. in the Southern District Court of New York (USA), an amicable agreement was concluded with one of the participants in the lawsuit, Mr. Joseph Chetrit,” BTA Bank’s press service reported March …read more
Source: The Astana Times