Erlan Ospanov: All companies continue to operate as usual

'We have received the English court's judgment restricting the disposal of assets. These restrictions do not apply to or affect the operating activities of companies in which Bulat Utemuratov is a shareholder, including banks, hotels, Telecom operators, mining companies, and fast food restaurants.

Freeze of assets does not in any way restrict the owner's rights to participate in the management of companies in which he is a shareholder and does not interfere with the conduct of business. All companies continue to operate as usual.

As we have repeatedly noted, the claim was filed based on the false documents. All documents are falsified. The response of international lawyers to BTA Bank's demand was sent to the lawyers of the Bank. The complaint is being prepared. It takes time for us to challenge the Bank's claims'.

Erlan Ospanov, CEO of Verny Capital Group of Companies

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