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KNB detained former head of the problem loan fund Daulet Bakbergen in Kazakhstan

Submitted by fbrk_news on

(24 February 2026 | Source: Telegram channel «Kozachkov offside»)

The former chairman of the board of JSC «Fund of Problem Loans», Daulet Bakbergen, has been detained in Astana and taken to Almaty, where a criminal case into abuse of official powers is being investigated. The case is being handled by the Anti-Corruption Service of the National Security Committee (NSC).

HOW THE FUND OF PROBLEM LOANS WORKS

JSC «Fund of Problem Loans» is a subsidiary of the Ministry of Finance and is engaged in the resale of assets received from second-tier banks. Enterprises whose owners were unable to repay loans are transferred to the Fund's balance sheet. After that, the assets should be put in order and put up for auction, journalist Mikhail Kozachkov reported on his Telegram channel «Kozachkov offside»

The Fund's activities have been repeatedly criticised by deputies and experts for low profitability despite holding dozens of properties. In one investigation, carried out six years ago, it was noted that the Serebryansk Inorganic Products Plant in the East Kazakhstan Region was leased out for just 1,000 tenge per month, although the plant had an area of 64,000 square metres.

BAKBERGEN'S CASE

According to Kozachkov, Daulet Bakbergen is suspected of abuse of official powers. The penalty under the article provides for up to 7 years' imprisonment. No data on the involvement of other senior officials is provided in the materials.

Interestingly, last week Berik Sholpankulov, who oversaw the Fund's work from the Ministry of Finance and was Bakbergen's former direct supervisor, left his post as Deputy Chairman of the National Bank of his own accord. The connection between his resignation and the investigation has not yet been confirmed.