Kazakhstan’s president’s great-nephew founded two universities with state support
Radio Azattyq reports that state-owned entities took 5% stakes in each venture founded by 23-year-old Nurassyl Medeu.
TLDR
Radio Azattyq, in a report published by OCCRP, found that Nurassyl Medeu, the 23-year-old great-nephew of President Kassym-Jomart Tokayev, founded an AI university and a sports academy that became a university. State-owned entities took 5% stakes in each, while the sports university moved into a $250 million state-owned complex. Medeu disputed claims that his family ties brought him special privileges.
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