DOJ indicts Karimova for taking $866 million in bribes
The DOJ unsealed charges Thursday
against an Uzbek telecom exec and the daughter of the former Uzbek president for their roles in an $866 million bribery and money laundering scheme.
Gulnara Karimova, 46, was charged with conspiracy to commit money laundering, the DOJ said.
Bekhzod Akhmedov, the former head of MTS Uzbek subsidiary Uzdunrobita, was charged with
two counts of violating the FCPA,
one count of conspiracy to violate the FCPA, one count of conspiracy to commit money laundering.
According to the DOJ, Karimova demanded “hundreds of millions” in bribes from Telia, Vimpelcom, and MTS
to acquire telecom licenses in Uzbekistan. At the time, her father, the late Islam Karimov, was the president of Uzbekistan.
MTS, Russia’s largest telecom company, settled FCPA charges with the DOJ and SEC earlier this week and agreed to pay $850 million in penalties.
The FCPA Blog
http://www.fcpablog.com/blog/2019/3/7/doj-indicts-karimova-for-taking-866-million-in-bribes.html