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BTA Bank’s Claim Against Ex-Almaty Mayor Tossed by U.S. Judge

A New York judge threw out a Kazakhstan bank’s claim against the former mayor of Almaty, the nation’s largest city, who is accused of taking part in a vast money-laundering conspiracy that included Manhattan real-estate projects.

BTA Bank JSC’s 2015 settlement with Chetrit Group, a New York real-estate developer that was a defendant in the case, trumps BTA’s claim that the former mayor, Victor Khrapunov, illegally transferred money, U.S. District Judge Alison Nathan ruled Monday.