/IRBIS, April 30, 2010/ - Alfa Bank does not exclude the airport's closure, if JSC "Almaty International Airport" did not meet its obligations to the Amsterdam Trade Bank (ATB), reported in today's issue of "Business & Politics."

Recall April 26, Interfax-Kazakhstan , with reference to the release of the Amsterdam Trade Bank (ATB) reported that in 2007, JSC" Almaty International Airport "has taken a bank loan for $33 million to finance the construction of a new international passenger terminal. Term loan is due to March 2009. Currently, total debt (including penalty) JSC Almaty International Airport "to the bank more than $38 million ATB also noted that the construction of a new international passenger terminal in Almaty was completed in 2010. However, despite the fact that the borrowed funds were fully spent, the money the bank will not be returned, and the construction of a new terminal is still not completed, it was stated in the message. Given that the JSC "Almaty International Airport" has taken no action to pay this debt, ATB has decided to foreclose on real property owned by JSC "Almaty International Airport", pledged to support a loan. According to the bank, on April 5 this year, a specialized inter-district economic court of Almaty issued a decision which banned the JSC Almaty International Airport "to take any action to dispose of or encumber movable and / or immovable property belonging to the airport.

"We are in dialogue unilaterally for a year. In response to silence or even worse one is to be agreeing on restructuring debt and the subsequent failure to comply with their obligations. In this situation, we usually warn the debtor that such a position is unacceptable, give them time for the awareness and then act. That's what we did with the IBA [O "Almaty International Airport], who just withdrew from the talks," - said in an interview with Business & Power "Mrs. Zaali Tsanava, director of the recovery of corporate arrears Alfa-Bank (owns 100% of ATB).

As indicated, in his words, failure to pay the debt in IAA due to a lack of funds. "The Bank has shown extreme flexibility and is still open to a constructive solution, but to protect its interests to the court. We are not pursuing the goal of closing the airport. But if we are forced, then go on it," - said the banker.

In JSC "Almaty International Airport refused to comment on the publication of the situation, citing a lack of time and advised to use as a media interview with Mr. Aibol Bekmuhambetov the president of the company, published in the newspaper" Time ". Reportedly, among other things, the head of the company doubted the authenticity of contracts relating to registration of the credit.

"IBA is trying to cast doubt on the fact of the loan, while in the investment memorandum of the JSC" Almaty International Airport "on page 46 speaks directly to obtain a loan from the IAA ATB under the contract # KS-543/07" - said Mrs. Z. Tsanava.

Meanwhile, "Business & Power" in the Committee of Civil Aviation of the Ministry of Transport and Communications of Kazakhstan stated that the State may impose temporary management of the airport in case of threat on national security.

"The airport is privately owned. As long as the airport is not a threat, passenger service is made, we will not intervene. But if national security is threatened, the State, under Article 14 of the Law" On state regulation of civil aviation, "may impose temporary management of the airports' - said to publication Mr. Bayanbek Smagulov deputy head of the Committee.

[2010-04-30]