<SEC-DOCUMENT>0001140361-11-018047.txt : 20110322
<SEC-HEADER>0001140361-11-018047.hdr.sgml : 20110322
<ACCEPTANCE-DATETIME>20110322144824
ACCESSION NUMBER:		0001140361-11-018047
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20110322
DATE AS OF CHANGE:		20110322
EFFECTIVENESS DATE:		20110322

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BMB MUNAI INC
		CENTRAL INDEX KEY:			0000924805
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				300233726
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-157161
		FILM NUMBER:		11703727

	BUSINESS ADDRESS:	
		STREET 1:		C/O POULTON & YORDAN
		STREET 2:		324 SOUTH 400 WEST SUITE 250
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84101
		BUSINESS PHONE:		801-355-2227

	MAIL ADDRESS:	
		STREET 1:		C/O POULTON & YORDAN
		STREET 2:		324 SOUTH 400 WEST SUITE 250
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84101

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERUNION FINANCIAL CORP
		DATE OF NAME CHANGE:	19960719
</SEC-HEADER>
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        <cik>0000924805</cik>
        <entityName>BMB MUNAI INC</entityName>
        <issuerAddress>
            <street1>202 Dostyk Ave, 4th Floor</street1>
            <city>Almaty</city>
            <stateOrCountry>1P</stateOrCountry>
            <stateOrCountryDescription>KAZAKSTAN</stateOrCountryDescription>
            <zipCode>050051</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>+77272375125</issuerPhoneNumber>
        <jurisdictionOfInc>NEVADA</jurisdictionOfInc>
        <issuerPreviousNameList>
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            <previousName>INTERUNION FINANCIAL CORP</previousName>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Gamal</firstName>
                <lastName>Kulumbetov</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>202 Dostyk Ave, 4th Floor</street1>
                <city>Almaty</city>
                <stateOrCountry>1P</stateOrCountry>
                <stateOrCountryDescription>KAZAKSTAN</stateOrCountryDescription>
                <zipCode>050051</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Chief Executive Officer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Askar</firstName>
                <lastName>Tashtitov</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>202 Dostyk Ave, 4th Floor</street1>
                <city>Almaty</city>
                <stateOrCountry>1P</stateOrCountry>
                <stateOrCountryDescription>KAZAKSTAN</stateOrCountryDescription>
                <zipCode>050051</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>President</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Evgeniy</firstName>
                <lastName>Ler</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>202 Dostyk Ave, 4th Floor</street1>
                <city>Almaty</city>
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                <stateOrCountryDescription>KAZAKSTAN</stateOrCountryDescription>
                <zipCode>050051</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Chief Financial Officer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Anuarbek</firstName>
                <lastName>Baimoldin</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>202 Dostyk Ave, 4th Floor</street1>
                <city>Almaty</city>
                <stateOrCountry>1P</stateOrCountry>
                <stateOrCountryDescription>KAZAKSTAN</stateOrCountryDescription>
                <zipCode>050051</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Chief Operating Officer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Toleush</firstName>
                <lastName>Tolmakov</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>202 Dostyk Ave, 4th Floor</street1>
                <city>Almaty</city>
                <stateOrCountry>1P</stateOrCountry>
                <stateOrCountryDescription>KAZAKSTAN</stateOrCountryDescription>
                <zipCode>050051</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Vice President of Production</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Boris</firstName>
                <lastName>Cherdabayev</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>202 Dostyk Ave, 4th Floor</street1>
                <city>Almaty</city>
                <stateOrCountry>1P</stateOrCountry>
                <stateOrCountryDescription>KAZAKSTAN</stateOrCountryDescription>
                <zipCode>050051</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Chairman of the Board of Directors</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jason</firstName>
                <lastName>Kerr</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1038 South 750 East</street1>
                <city>Kaysville</city>
                <stateOrCountry>UT</stateOrCountry>
                <stateOrCountryDescription>UTAH</stateOrCountryDescription>
                <zipCode>84037</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Troy</firstName>
                <lastName>Nilson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>721 Water Mill Way</street1>
                <city>Kaysville</city>
                <stateOrCountry>UT</stateOrCountry>
                <stateOrCountryDescription>UTAH</stateOrCountryDescription>
                <zipCode>84037</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Daymon</firstName>
                <lastName>Smith</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>352 East 426 North</street1>
                <city>Alpine</city>
                <stateOrCountry>UT</stateOrCountry>
                <stateOrCountryDescription>UTAH</stateOrCountryDescription>
                <zipCode>84004</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Leonard</firstName>
                <lastName>Stillman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5794 West Poll Drive</street1>
                <city>Morgan</city>
                <stateOrCountry>UT</stateOrCountry>
                <stateOrCountryDescription>UTAH</stateOrCountryDescription>
                <zipCode>84050</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
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        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Valery</firstName>
                <lastName>Tolkachev</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o BMB Munai, Inc</street1>
                <street2>202 Dostyk Ave, 4th Floor</street2>
                <city>Almaty</city>
                <stateOrCountry>1P</stateOrCountry>
                <stateOrCountryDescription>KAZAKSTAN</stateOrCountryDescription>
                <zipCode>050051</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
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    <offeringData>
        <industryGroup>
            <industryGroupType>Business Services</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$25,000,001 - $100,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2011-03-08</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isDebtType>true</isDebtType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isSecurityToBeAcquiredType>true</isSecurityToBeAcquiredType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Convertible Notes</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>61400000</totalOfferingAmount>
            <totalAmountSold>61400000</totalAmountSold>
            <totalRemaining>0</totalRemaining>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>7</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>BMB MUNAI INC</issuerName>
                <signatureName>/s/ Adam R. Cook</signatureName>
                <nameOfSigner>Adam R. Cook</nameOfSigner>
                <signatureTitle>Corporate Secretary</signatureTitle>
                <signatureDate>2011-03-22</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
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</SEC-DOCUMENT>
