Kazakh Wealth Fund to Sell Ukrainian Assets as Risks Grow
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Kazakhstan is speeding up the sale of its assets in Ukraine as growing “political risks” threaten outside investors, sovereign wealth fund Samruk-Kazyna said.
“Given the current political and economic situation in Ukraine, the interests of non-residents will be considered last,” Samruk-Kazyna Deputy Chief executive Officer Yelena Bakhmutova said on the fund’s website. The fund plans to sell its shares in Kherson Oil Refinery, Ukrnefteproduct and Kazakhoil-Ukraina, she said.