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Wednesday, April 27, 2016

Corruption

US Wants Gulnara to Give Back $550 Million in Corruption Proceeds


US Wants Gulnara to Give Back $550 Million in Corruption Proceeds
Years after Gulnara Karimova, the daughter of Uzbekistan President Islam Karimov, saw discussions of her presidential aspirations evaporate in a maelstrom of corruption accusations and house arrest, it appears the erstwhile pop star still hasn’t found her floor. Not only has Karimova lost her political clout, her social standing, and even her PR team, but she may soon be set to take her biggest hit to date.
According to Bloomberg, the U.S. Justice Department issued a formal letter late last week detailing how its demands on reclaiming more than $550 million, stashed in Swiss bank accounts and linked to a telecom bribery scandal stretching from Norway to Uzbekistan, had been ignored.

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