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
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
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.
An Uzbek dissident occupying the $20-million Geneva mansion of Gulnara Karimova claims to have found more than 60 20th-century paintings pilfered from Uzbekistan’s state art museums.… Continue Reading
Individuals : Per-Arne Blomquist, former head of TeliaSonera Eurasia region, Tero Kivasaari, former TeliaSonera CEO Lars Nyberg, daughter of Uzbek president Islam Karimov, Gulnara Islomovna Karimova
Subsector: Telecommunications Equipment
TeliaSonera is under investigation for allegedly paying more than $300 million in bribes to Gayane Avakyana, a middleman for Gulnara Islomovna Karimova to win access to the Uzbek telecom market in 2007.… Continue Reading