Bloomberg Law
July 22, 2022, 3:00 PM

Ex-Uzbek Leader’s Daughter Wins Case Over Frozen $303 Million

Hugo Miller
Hugo Miller
Bloomberg News

Gulnara Karimova, the daughter of late Uzbek president Islam Karimov won a victory at a Swiss court over allegations she took bribes, in a ruling that may help her reclaim 293 million francs ($303 million) in frozen funds.

A Swiss appeals court ruled this week that Karimova -- imprisoned in her home nation following a separate corruption scandal -- wasn’t a public official. That means allegations that she took improper payments in exchange for lucrative telecoms contracts are unproven.

Switzerland’s Criminal Court assumed that as “the daughter of the president of a country with an autocratic regime, Gulnara Karimova had ...

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