This content is not available in your region

Kazakhstan replaces ex-leader with eagle on banknote

Access to the comments Comments
By Reuters
Kazakhstan replaces ex-leader with eagle on banknote
Kazakhstan replaces ex-leader with eagle on banknote   -   Copyright  Thomson Reuters 2022   -  

<div> <p><span class="caps">ALMATY</span> – Kazakhstan’s central bank presented a new banknote design on Friday, identical to an older one with one major exception – ex-president Nursultan Nazarbayev’s portrait has been replaced with an eagle silhouette.</p> <p>The move is the latest step taken by the oil-rich Central Asian nation to dismantle the personality cult of its former leader whose era ended with violent unrest this year.</p> <p>Nazarbayev, who had run the former Soviet republic for three decades, resigned in 2019 and backed career diplomat Kassym-Jomart Tokayev as successor while retaining sweeping powers as the head of the security council.</p> <p>Tokayev and Nazarbayev fell out in January when anti-government protests escalated into the deadliest bout of political violence seen by Kazakhstan since it gained independence in 1991.</p> <p>Tokayev took over as security council chairman and a number of Nazarbayev’s relatives and affiliates left senior public sector positions; Nazarbayev’s nephew was this month sentenced to six years in prison for embezzlement.</p> <p>The new 20,000 tenge ($42) banknote reuses a design that went into print last year. However it no longer features Nazarbayev’s portrait alongside the image of the presidential residence.</p> <p>The bank said in a statement the new banknote would gradually replace earlier designs, which would remain legal tender in the meantime.</p> <p>In another symbolic move, Kazakhstan’s parliament this month changed the capital city’s name to Astana from Nur-Sultan.</p> <p/> </div>