January 9, 2018 / 11:16 AM / 7 months ago

Kazakh fund says Kashagan stake management unaffected by freeze

ASTANA, Jan 9 (Reuters) - A Dutch court ruling freezing Kazakh sovereign wealth fund’s stake in the Kashagan oil field has no effect on its day-to-day management and payments other than dividends, the Samruk-Kazyna fund said on Tuesday.

“Samruk-Kazyna JSC makes all necessary arrangements to protect its interest in accordance with the applicable procedure and will continue to vigorously defend its rights,” it said in a statement. (Reporting by Raushan Nurshayeva; Writing by Olzhas Auyezov)

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