Gulnara Karimova Case: Swiss Bank Faces Money Laundering Accusations
Photo: utro.ru
Gulnara Karimova, the daughter of the late Uzbek President Islam Karimov, may have laundered money through Lombard Odier, Orda.kz reports, citing Reuters.
Swiss prosecutors have filed charges against the bank and one of its former employees.
Prosecutors believe the money was transferred through nine bank accounts opened at Lombard Odier, violating regulations. The funds are linked to a criminal organization in which Karimova was involved.
Gulnara Karimova is currently serving a prison sentence in Uzbekistan.
She is accused of embezzlement, extortion, and creating a criminal network that operated in several countries, including Switzerland.
The bank, in turn, dismissed all the accusations as “baseless and unfounded.”
The prosecutor's office believes increased oversight over the bank's activities could have prevented the large-scale scheme.
Reports previously emerged that Karimova was charged with money laundering in Switzerland.
The Swiss Prosecutor General's Office sent an indictment to court against Gulnara Karimova and her accomplices and demanded the confiscation of 480 million dollars.
Original Author: Artem Volkov
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