Tsesnabank says arrest was imposed on bank funds worth KZT29.8 mln

/KASE, April 13, 15/ – Tsesnabank JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote On April 7, 2015 the office of joint-stock company "Tsesnabank" received a Resolution of April 1, 2015 on imposing of arrest on funds available on the current account, issued by private bailiff T. Kutubaev, on imposing arrest on Tsesnabank's funds within KZT29,756,445. By a verdict of Almaty district court in Astana of April 3, 2015 a civic proceeding was initiated following Tsesnabank's request to acknowledge actions of the private bailiff illegal. unquote [2015-04-13]