Acceptance of assets returned to it on behalf of the state
The management company takes ownership of all assets returned to it as a result of the procedures for returning illegally acquired assets to the state on behalf of the state. Our goal is to effectively integrate these assets into state structures for their further use in the interests of society.
Ensuring the preservation and retention of assets converted into state revenue
This duty is to ensure the safekeeping and proper coverage of all assets that generate state revenue. It also includes measures to protect assets from damage, theft, and other risks, as well as to maintain them in good condition.
Asset management (implementation and administration)
The management company develops and implements strategies for the management and use of state assets. These strategies include asset sales, leases, transfers to management, and other types of use aimed at maximizing the efficiency of assets and the benefits to the state.
Transfer of proceeds from the sale of assets to the Special State Fund
All proceeds from the sale of returned state assets will be directed to a special state fund. This fund will be used to finance important state projects and programs that contribute to the development and well-being of society.
About the company
By the decree of the Government of the Republic of Kazakhstan dated 2023, «Recovered asset management Company» LLP was established with 21% state participation in the authorized capital.