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Lie Detector Tests to Follow Purges at $69 Billion Kazakh Fund

Kassym-Jomart Tokayev speaks during a televised statement on Jan. 7
Kassym-Jomart Tokayev speaks during a televised statement on Jan. 7Source: Kazakhstan’s Presidential Press Service/AP Photo

Once Kazakhstan’s $69 billion sovereign wealth fund is finished with a root-and-branch overhaul, it will turn to lie-detector tests to uproot further corruption. 

After rampant graft in the central Asian country helped trigger deadly anti-government protests this month, Samruk-Kazyna will require polygraph exams for executives and managing directors appointed to run its companies, according to a plan drafted to comply with President Kassym-Jomart Tokayev’s orders. The fund’s portfolio includes oil producer KazMunayGas and Kazatomprom, the world’s largest uranium miner.