Astana. December 20. KAZAKHSTAN TODAY - The National Bank of Kazakhstan has announced the successful conclusion of the judicial dispute settlement process between the government, the bank, and the Stati parties.
As a result of the settlement, the National Bank of Kazakhstan was able to secure the Stati parties' withdrawal of claims on the assets of the National Fund of the Republic of Kazakhstan and regain control of the assets of the National Fund of the Republic of Kazakhstan that were under protective measures in Sweden," - the bank's press service reported.
It is emphasized that this opens up new opportunities for enhancing operational flexibility and attracting a broader range of potential investment partners, which will help create conditions for improving the long-term profitability of the National Fund of the Republic of Kazakhstan.
The specific terms of the final settlement agreement are confidential," - the bank added.
Recall that in July of this year, the government of the Republic of Kazakhstan, the National Bank, and the Stati parties reached an agreement for a peaceful resolution of the dispute.
Earlier, the Ministry of Justice stated that the government of Kazakhstan, the National Bank, and the Stati parties have completed the dispute settlement.