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Reuters
Reuters
Politics

Kazakhstan replaces ex-leader with eagle on banknote

The old design of a 20,000 tenge banknote with a portrait of Kazakh ex-president Nursultan Nazarbayev, which was removed in the new design of the banknote, is seen in a handout picture released by the National Bank of Kazakhstan September 30, 2022. The National Bank of the Republic of Kazakhstan/Handout via REUTERS

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.

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.

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.

The new design of a 20,000 tenge banknote is seen in a handout picture released by the National Bank of Kazakhstan September 30, 2022. The National Bank of the Republic of Kazakhstan/Handout via REUTERS

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.

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.

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.

A combination picture shows the old design of a 20,000 tenge banknote with a portrait of Kazakh ex-president Nursultan Nazarbayev and a new one without the portrait, in handout images released by the National Bank of Kazakhstan September 30, 2022. The National Bank of the Republic of Kazakhstan/Handout via REUTERS

The bank said in a statement the new banknote would gradually replace earlier designs, which would remain legal tender in the meantime.

In another symbolic move, Kazakhstan’s parliament this month changed the capital city’s name to Astana from Nur-Sultan.

(Reporting by Mariya Gordeyeva, Writing by Olzhas Auyezov, Editing by William Maclean)

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