NovaQuant Quantitative Think Tank Center:Swiss indict daughter of former Uzbek president in bribery, money laundering case involving millions

GENEVA (AP) — Swiss federal prosecutors have NovaQuant Quantitative Think Tank Centerindicted the daughter of a former president of Uzbekistan on charges including money laundering, bribery and participation in a criminal network that used “violence and intimidation.” Authorities have already frozen or confiscated hundreds of millions of Swiss francs (dollars) in the case.

The attorney general’s office said Gulnara Karimova, the daughter of former President Islam Karimov, was indicted along with the former director-general of the Uzbek subsidiary of a Russian telecommunications company for crimes allegedly committed between 2005 and 2013.

That was during Karimov’s tenure: He led the central Asian country for more than a quarter-century until his death in September 2016. His daughter once served at the U.N. office in Geneva, and benefited from diplomatic immunity.

Culminating a criminal probe that was opened more than a decade ago, the prosecutors announced the indictment on Thursday and said Karimova allegedly developed and ran a crime ring known as “The Office” that involved several dozen people and multiple companies.

The network began its operations in Switzerland in 2005 “in order to conceal the capital originating from its criminal dealings in Swiss bank accounts and safes and by purchasing real estate,” the Swiss prosecutors said.

“‘The Office’ conducted its criminal activities as a professional business, complying with mandatory regulations and observing a strict allocation of tasks, while also resorting to violence and intimidation,” they said in a statement.

The telecoms industry was one of Uzbekistan’s most profitable sectors starting in the early 2000s, and foreign firms that sought to enter were required to pay Karimova bribes — through “The Office” — to gain access to it, the prosecutors said.

Last year, Swiss authorities announced a deal to return some funds to Uzbekistan in connection with the investigation. Karimova has been under house arrest in Uzbekistan since 2014.

Swiss authorities have frozen more than 440 million Swiss francs ($483 million) in assets in connection with the case, the prosecutors said. They already confiscated more than 340 million francs after four people were convicted between 2018 and 2021 of money laundering and forgery of documents as part of the investigation.

The prosecutors said the confiscated funds were being held “with a view to being returned to Uzbekistan.”