The region has a state university, the D.Serikbayev East Kazakhstan Technical University (hereinafter referred to as the University), with a 60-year history (established in 1968), which trains specialists in the technical industry (from builders to mining metallurgists, chemists and programmers).

        In 2008, the University established the East Kazakhstan Regional Technopark Altai LLP (hereinafter referred to as the Technopark), whose mission is to develop and introduce new areas of innovation development.

        As a result of a number of transactions on the purchase and alienation of shares of participants in the Technopark, their composition has changed.

       An analysis of the legality of the transfer of state assets to a competitive environment has established signs of the transfer of University property to a private entity through manipulation of shares in the authorized capital.

       Preliminary conclusions were confirmed during a prosecutor's inspection of the Technopark's activities, namely: the facts of causing property damage in the amount of more than 1.5 billion (by reducing the University's share, as well as withdrawing funds), illegal pledge of state property worth 1.4 billion, illegal use of tax benefits by an unscrupulous co-founder were established.

       As a result of the audit, an act of supervision was submitted to the University, within the framework of which the state university filed a lawsuit for the cancellation of the pledge agreements, as well as the minutes of the meeting on reducing the share of the authorized capital.

      The Prosecutor's Office entered the trial as an interested party.

       As a result of the court proceedings, all encumbrances were lifted from the state property, 78.48% of the participation in the Technopark worth 535 million illegally transferred to a third party were returned to the University, and the debts of the Technopark to the unscrupulous co-founder in the amount of 1.6 billion were canceled.

      Based on the audit materials, the Department of Economic Investigations in East Kazakhstan region launched a pre–trial investigation under Article 195 of the Criminal Code of the Republic of Kazakhstan - causing property damage by deception or abuse of trust. An investigation is underway.

     Thus, 100% of the shares in the Technopark have been returned to the state, and the property has been completely freed from encumbrances.

     The Prosecutor's Office is steadfastly guarding the interests of the State and the citizens of the Republic of Kazakhstan.

#Justice 

#Responsibility 

Prosecutor's Office of the East Kazakhstan region

Source : https://www.gov.kz/memleket/entities/prokuratura-vko/press/news/details/1004996?lang=kk