The entrepreneur Nizali Baizenbaev was arrested in Turkestan in a case of subsidies.
The big businessman Nizali Baizenbaev, head of BNK Group Ltd, was arrested in Turkestan; Questions have been raised about the proper use of government subsidies for sprinkler equipment.
In the past, there have been lawsuits against the BNK Group: in 2024, the Corruption Investigation Bureau's fund registered complaints from farmers in the Jambil region about equipment worth nearly 187 million tenge; In May 2026, the media pointed to the controversial Hantau investment project. According to the source, a state audit determined the damage to be about one billion tenge; In January 2026, the Economic Court approved a mediation agreement on the installation of equipment or the return of funds; The case has now gone to criminal proceedings.
There are no official confirmations or comments yet from AFM, SPK Turkestan JSC and BNK Group Ltd itself.
Tolper. Media.