Major Taiwanese news network Liberty Times Network (LTN) recently reported that Kazakhstan President Kassym-Jomart Tokayev ordered an investigation into the US$1.5 billion light rail project under China’s One Belt One Road initiative. The project was supposed to be completed in 2017. Not only is it still not completed; it is financially dead. The Tokayev administration said that the project “should never even have been established.” Also, it was financially “suspicious.” Tokayev asked for an anti-corruption investigation that would carefully examine the officials in the previous administration. The previous CEO of the light rail company has already fled overseas due to corruption charges. Kazakhstan is the first country on the west side of China to have joined the One Belt One Road initiative. Observers have widely expressed the belief that Tokayev’s public position may damage the image of China’s One Belt One Road grand plan.
Source: LTN, October 8, 2019
https://ec.ltn.com.tw/article/breakingnews/2940775