Winter Games, by ordering to make the facilities accessible to ordinary citizens "so that they could improve their sports skills." On 24 September 2012, Massimov announced his resignation from the post of the PM, which was accepted by President Nursultan Nazarbayev in which he explained "his work fell on the time of the strongest global financial and economic crisis, and our country came out with honor, this is a large part of the merit of the government and the prime minister. When a person is already tired and wants to change his position, and he explains this by the fact that a new man, I heeded this and released him." Second term (2014–2016) On 2 April 2014, Massimov was reappointed again as the PM after replacing Serik Akhmetov. The possible reason was due to the economic troubles under Akhmetov in the country which faced lower GDP growth and devaluation of the tenge by 20% in February 2014 with Massimov having a better experience in running the government for such issues. Massimov was also known for his ability to raise foreign investment. After the annexation of Crimea by the Russia in March 2014 which resulted in international sanctions against Kazakhstan's main trading partner, Russia, exports between two countries shrank by 24.6%. In October 2014, the world faced an oil glut which the prices of oil per barrel fell to 4-year low of 82.93$. On 20 August 2015, the tenge lost 20% of its value due to the country's transition to a freely floating exchange rate of the currency. In response to the crisis, Massimov believed that without the intervention from the government, the economy would experience a default with its growth being restored along with an increase in credit and investment activity, creation of new jobs as well as the reduction of inflation. By the end of 2015, the tenge was seen as the most depreciated currency in Europe and the CIS countries with the currency being depreciated by 85.2%. In the upcoming Expo 2017 event, Massimov visited facilities under construction and controlled the preparation process. During his tenure, a corruption scandal broke out in June 2015 over the company which the officials were accused of embezzling 10 billion ₸. Court hearings lasted several months which resulted in the ex-head of the national company Talgat Ermegiyaev was sentenced to 14 years in June 2016 after being found guilty of embezzling 5.9