Sater Can't Ax Money Laundering Suit, Kazakh City Says

Law360 (November 14, 2019, 5:48 PM EST) -- The city of Almaty, Kazakhstan, and one of the country’s banks are urging a New York federal court not to dismiss their suit accusing Felix Sater and others of helping to launder about $440 million.

Almaty and BTA Bank said Tuesday their amended complaint is not time-barred and raises substantive claims against Sater, a convicted felon and an associate of President Donald Trump. Sater, co-defendant Daniel Ridloff and others are accused of helping to launder money allegedly looted by Mukhtar Ablyazov, the bank’s former chairman, through various U.S. business ventures. 

The defendants had argued that, among other things, there is a...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!