Sweden’s Telia Company said Thursday it received a proposal from U.S. and Dutch authorities to pay $1.4 billion to settle allegations of overseas bribery.… Continue Reading
Amsterdam-based VimpelCom Limited, the world’s sixth-largest telecommunications company, and its wholly owned Uzbek subsidiary, Unitel LLC, entered into resolutions with the DOJ, SEC, and Dutch authorities Thursday for paying more than $114 million in bribes to a government official in Uzbekistan between 2006 and 2012.… Continue Reading
Telecoms company VimpelCom said in an earnings release Wednesday that it has discussed terms of prospective settlements with the SEC, DOJ, and Dutch prosecutors and would would acknowledge “certain violations” of the Foreign Corrupt Practices Act and Dutch laws and pay fines and disgorgements to settle the offenses.… Continue Reading
Telecoms company VimpelCom said in a statement Tuesday it will take a provision of $900 million for an investigation by U.S. and Dutch authorities of its business in Uzbekistan and dealings with an offshore company linked to the daughter of the Uzbek president.… Continue Reading
The U.S. Justice Department took another big step in its investigation of bribes allegedly paid by Russian and Swedish companies to the eldest daughter of Uzbek President Islam Karimov in exchange for access to the country’s telecoms market.… Continue Reading
Journalists from the Organized Crime and Corruption Reporting Project uncovered documents last year appearing to show $300 million in bribes to Gulnara Karimova, the eldest daughter of Uzbek President Islam Karimov, in exchange for access to the country’s telecoms market.… Continue Reading
The United States asked Swedish authorities to freeze more than $30 million in assets linked to an investigation into possible bribery of Uzbek officials and money laundering, RFE/RL’s Uzbek Service reported Wednesday.… Continue Reading
As many as 60 alleged associates of Uzbekistan’s first daughter have been convicted of financial fraud and sentenced to long prison terms recently.
Those involved reportedly include managers, bookkeepers, and other employees of three industrial facilities with ties to Gulnara Karimova, the daughter of President Islam Karimov, an Uzbek official told RFE/RL.… Continue Reading
The Uzbek prosecutor-general’s office has said a person named “Karimova G.” is a suspect in a case against an organized criminal group.
“Russia’s RIA Novosti news agency cited an unnamed source in the Uzbek government that mentioned Karimova G.… Continue Reading
Prosecutors in Switzerland have opened a money-laundering investigation into Gulnara Karimova, the eldest daughter of the president of Uzbekistan, Islam Karimov.