The court sentenced a former McDonald’s franchisee in Kazakhstan to six years in prison

The criminal panel of the Astana court sentenced businessman and former McDonald’s franchisee in Kazakhstan Kairat Boranbayev to six years in prison in the case of embezzlement of 14.5 billion tenge. writes local portal “Cursive”.

The court found Boranbaev guilty of embezzlement and legalization of 14.5 billion tenge of Kaztransgaz JSC, in addition to punishment in the form of imprisonment, ordered the confiscation of the businessman’s property and prohibited him from holding positions in the civil service and in the National Bank.

In the morning, Astana prosecutor’s office reportedthat a plea agreement was concluded with Boranboyev and other participants in the case, according to which the defendants will not challenge their guilt and the imposed punishment. Also, the defendants in the case fully compensated for the damage caused. The day before the supervisory authority reportedBoranboev returned assets worth 90 billion tenge to the state, including an oil field, a service enterprise, etc.

At the end of March 2023, the court sentenced Boranbaev and his confidant Roman Nakhanov, deputy chairman of the board of QazaqGaz Taiyr Zhanuzak to eight years in prison. The sentence was overturned in July. In August, the defendants filed a motion to enter into a plea deal. On September 15, the court sentenced Nakhanov to six years in prison, and Zhanuzak to five years.

At the beginning of 2023, the chain of fast food restaurants managed by Food Solutions KZ LLP announced that it would cease operating under the McDonald’s brand in Kazakhstan. Boranbaev said that this had nothing to do with his criminal case. The main reason was problems with food supplies.