January 24, 2018 / 4:59 AM / a year ago

Kazakhstan says freeze lifted on $22 bln in oil fund assets

ALMATY, Jan 24 (Reuters) - A Dutch court has lifted a freeze on Kazakh sovereign fund’s assets worth $22 billion, the Central Asian nation’s Justice Ministry said on Wednesday.

The assets held by the fund’s custodian, Bank of New York Mellon, were frozen last October after a lawsuit by Moldovan businessman Anatolie Stati who seeks to enforce an arbitration ruling against the Astana government. (Reporting by Olzhas Auyezov; Editing by Biju Dwarakanath)

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