UK court issues arrest warrant for Kazakh billionaire Mukhtar Ablyazov (pictured),who is accused of massive fraud. Ablyazov is a controversial figure who is being sued for £1.3bn in civil actions and is alleged to be behind a fraud of up to £7.6bn Pictured: Head of Bank TuranAlem (BTA Bank)of Kazakhstan Mukhtar Ablyazov (Mukhtar Abljasov ; Mukhtar Ablyasov) at the press conference in Alma-Aty, Kazakhstan.