20.02.2012 - New chairman of Kazakh wealth fund criticizes predecessor
The recently appointed head of Kazakhstan’s $84 billion sovereign wealth fund says the fund has been hamstrung by a lack of strategic vision, excessive bureaucracy, and overstaffing. Omirzaq Shukeev’s comments -- made in an interview published on February 16 by the Russian daily "Kommersant" -- are being seen as sharp criticism of the Samruk-Qazyna fund’s previous management, which was led by Timur Kulibaev, the wealthy son-in-law of President Nursultan Nazarbaev...............................................Full Article: Source
Print