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KAZAKH SUPREME COURT ORDERS FRESH HEARING OF OIL TRADERS' CASE

Excerpt from report by Interfax-Kazakhstan news agency

Astana, 25 August: The Kazakh Supreme Court's supervisory collegium has submitted the case of [seven] oil traders [the limited liability partnerships Zhanarmay Torg, Petroleum Country, Munay Sauda Oil, Karneftekhim, Vostok-munay Ltd, El-munay, Kyzylorda Munay Service] linked with the Canadian PetroKazakhstan oil company to the Astana city court for consideration, and thus partially satisfied the protest of the Prosecutor-General's office, an Interfax-Kazakhstan news agency has reported.

It was reported that [on 25 August 2004] the Supreme Court's supervisory collegium had considered the protest of the Prosecutor-General's Office against the ruling of the Supreme Court's collegium for civil cases in the case of the seven wholesalers and retailers of oil products accused by the antimonopoly agency [Kazakh State Agency for Regulating Natural Monopolies and Protecting Competition] of price collusion.

"Having considered this case, the Supreme Court's supervisory collegium ruled: (...) [ellipses as published] To send the case for fresh consideration and to partially satisfy the protest, the court of first instance should one more time investigate the negative consequences (of the price collusion) and the amount of the (monopoly) income which is to be sequestrated," said the chairman of the Supreme Court's supervisory collegium, Kayrat Mami, summing up the hearing.

[Passage omitted: covered reports]

Source: Interfax-Kazakhstan news agency, Almaty, in Russian 0603 gmt 25 Aug 04

BBC Mon CAU 250804/aj

 

   
 

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OSI's Revenue Watch Program Becomes Independent Institute

In June 2006, the Open Society Institute spun off its Revenue Watch program to create an independent Revenue Watch Institute (RWI), a sister organization to coordinate and lead the Soros Foundation Network’s (SFN) work on transparency and accountability in resource-rich countries.

 
 
 

IMF Country Reports on Kazakhstan
The IMF produced new Kazakhstan country reports November 15, 2004.
   • Selected Issues
   • Statistical Appendix

IMF: Azerbaijan's Poverty Reduction Progress
The Government of Azerbaijan submitted its Progress Report on Poverty Reduction Strategy to the International Monetary Fund (IMF) in October 2004. IMF Joint Staff has released its assessment of the progress report prepared by the government.
• Progress Report PDF file
• Joint Staff Assessment PDF file

 

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