Kazakhstan Corruption Scandal Is Seen Delaying Rail Giant IPO
Direct Source Verification:
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Kazakhstan’s security service detained the heads of its sovereign wealth fund and national railway operator, which is planning an initial public offering in London and Hong Kong, most likely delaying the deal.
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Original Source
https://www.bloomberg.com/news/articles/2026-11-12/kazakhstan-detains-railway-wealth-fund-chiefs-ahead-of-ktz-ipo


