Kazakhstan is actively reclaiming assets obtained through corrupt practices and redirecting them toward social development. Confiscated properties, including luxury mansions, high-end vehicles, and even ancient jewelry, are being allocated for public benefit, particularly in education, healthcare, and infrastructure. These efforts form part of a broader anti-corruption campaign under President Kassym-Jomart Tokayev, which aims to transform stolen wealth into schools, hospitals, and public services while restoring public trust in government.
Luxury Assets Reallocated for Public Use
Over the past several years, billions of dollars in assets have been returned to the state budget. On September 5, officials announced that a luxurious mansion formerly owned by convicted ex-Prime Minister and ex-head of the National Security Committee Karim Massimov had been transferred to the Ministry of Education. Located in Astana, the property will be converted into a center for children with special needs. Initially slated for auction, the villa was withdrawn from sale and reassigned for social use. Massimov, who was sentenced in 2023 to 18 years in prison for high treason, attempted coup, and abuse of office, had amassed large amounts of property and luxury goods now being liquidated or redirected to state use.

Image: National Security Committee of the Republic of Kazakhstan; a luxury mansion once owned by ex-Prime Minister Karim Massimov, complete with a disco bar, private theater, pool, and 30 rooms
This approach is not limited to Massimov’s holdings. In 2025, assets belonging to Perizat Kairat, the founder of a high-profile charity fund, were confiscated after she and her mother were convicted of embezzling donations meant for flood victims. The case shocked the country, as Kairat had been celebrated for her volunteer work before investigations revealed widespread fraud. She received a 10-year prison sentence while her mother was given seven years. Their seized property included a private house and apartments in Astana, along with luxury vehicles such as a Mercedes-Benz S450, Lexus LX 600, and Mercedes EQS 500. Authorities announced that these assets would be auctioned, with proceeds used to compensate victims defrauded by the foundation.

Image: Instagram; Perizat Kairat in Abu Dhabi
A Legal Framework for Asset Recovery
A legal framework for asset recovery underpins these actions. In July 2023, Tokayev signed the Law “On the Return of Illegally Acquired Assets to the State,” targeting entities involved in large-scale corruption and oligopolistic practices. The law established an Asset Recovery Committee and a state management company to oversee confiscated property. It also created mechanisms to repatriate funds hidden abroad. Since its adoption, Kazakhstan’s Anti-Corruption Agency has recovered approximately 1.12 trillion KZT, ($2.1 billion) in assets and funds. These reclaimed resources are being reinvested in critical sectors.
Examples of reallocated property illustrate the scale of the initiative. In Almaty, the Kaisar Tower business center, once privately owned, was transferred to the Kazakh National Women’s Pedagogical University. Another building in the city was handed over to the T. Zhurgenov Kazakh National Academy of Arts. In Astana, three mansions confiscated from corrupt officials are now being used by the municipal correction office serving children with disabilities. The state also reclaimed the Shevchenkivskoye deposit in Kostanay region – previously controlled by a convicted former vice minister – which contains nickel and cobalt reserves valued at over 5.6 trillion tenge. Internationally, meanwhile, Kazakhstan has reclaimed assets from Austria, France, Liechtenstein, the UAE, Turkey, Russia, and other countries.
Not all recovered assets are properties or cash. In May 2025, authorities transferred a seized collection of jewelry and artifacts dating from the 7th century BC to the 3rd century AD to the National Museum. The items, crafted in the Scythian “animal style,” had been seized from a corrupt official. By preserving these artifacts, the state emphasized that cultural heritage as well as financial wealth belong to the public.

Image: Prosecutor General’s Office of the Republic of Kazakhstan
Addressing the Education Crisis and Building Social Infrastructure
One of the most pressing areas where recovered assets are being deployed is education. Kazakhstan is currently facing a chronic shortage of school places due to a growing population and years of underinvestment. In June 2025, the Anti-Corruption Agency (Antikor) reported that 153.3 billion KZT, (approximately $329 million), had been allocated from recovered funds to the Education Infrastructure Support Fund. These resources are financing the construction of 89 schools designed to accommodate 100,000 students. Sixty-one schools have already been completed; the remaining 28 are scheduled to open in 2025.
Beyond education, 406 development projects supported by returned assets are currently underway across Kazakhstan. These include healthcare initiatives, water supply systems, and sports facilities. Nearly all regions have projects funded by recovered money. In the Akmola region, for example, confiscated assets are being used to build new water pipelines for towns facing shortages. Similar initiatives are taking place in Turkestan, Aktobe, and other provinces. In the health sector, resources are supporting the construction of hospitals, outpatient clinics, and specialized care centers.
Repurposing the Assets of the Former Elite
The campaign has also reached into the business empires of former political elites. Prominent figures tied to the Nazarbayev era, including Kairat Satybaldy and Kairat Boranbayev, have returned vast assets to the state through settlements and court rulings. Satybaldy’s holdings, valued at hundreds of millions of dollars, were confiscated after his 2022 arrest, while Boranbayev handed over oil fields, commercial centers, and cash payments in exchange for lighter sentences. These high-profile cases demonstrate the government’s determination to dismantle oligarchic wealth and reinvest it into public needs.
The sale of seized luxury assets continues. Jewelry, watches, cars, and even private aircraft have been auctioned, with proceeds going directly into the Special State Fund. In 2025, auctions raised millions of dollars, and the state expects these revenues to grow as more cases are concluded. In addition to funding schools and hospitals, recovered wealth has been directed toward sports infrastructure and cultural projects, reflecting a broader effort to demonstrate visible, tangible benefits to the population.
Kazakhstan’s strategy to recover and repurpose stolen wealth reflects a dual objective: to strengthen the rule of law by ensuring that corrupt officials cannot enjoy ill-gotten gains, and to visibly channel these resources into projects that improve everyday life, from classrooms to clean water. By converting mansions into schools and using confiscated billions to build infrastructure, the government is underscoring its message that corruption has consequences and restitution has rewards.
The national effort is ongoing and evolving, with officials continuing to pursue asset recovery cases abroad while monitoring the effective use of funds at home. While skepticism remains among parts of the public given Kazakhstan’s long history of elite corruption, the scale of the returned assets and the speed at which they are being converted into public projects mark a significant shift. If sustained, the program could serve as a regional example of how to turn the legacy of corruption into tangible social benefits.