U.S. sanctions daughter of ex-president of Uzbekistan Gulnara Karimova

  22 December 2017    Read: 1985
U.S. sanctions daughter of ex-president of Uzbekistan Gulnara Karimova
The United States on Thursday imposed sanctions on 13 “serious human rights abusers and corrupt actors” including Myanmar general Maung Maung Soe, who oversaw this year’s brutal crackdown against the Rohingya Muslim minority, Reuters said.
Among those sanctioned is Gulnara Karimova, daughter of the former president of Uzbekistan Islam Karimov.

In July 2017, the Uzbek Prosecutor General’s Office charged Karimova with directly abetting the criminal activities of an organized crime group whose assets were worth over $1.3 billion. Karimova was also charged with hiding foreign currency through various means, including the receipt of payoffs in the accounts of offshore companies controlled by an organized criminal group, the illegal sale of radio frequencies and land parcels, siphoning off state funds through fraudulent dividend payments and stock sales, the illegal removal of cash, the non-collection of currency earnings, and the import of goods at inflated prices. Karimova was also found guilty of embezzlement of state funds, theft, tax evasion, and concealment of documents. Karimova laundered the proceeds of corruption back to her own accounts through a complex network of subsidiary companies and segregated portfolio funds. Karimova’s targeting of successful businesses to maximize her gains and enrich herself in some cases destroyed Uzbek competitors. Due in part to Karimova’s corrupt activities in the telecom sector alone, Uzbeks paid some of the highest rates in the world for cellular service.

“Today, the United States is taking a strong stand against human rights abuse and corruption globally by shutting these bad actors out of the U.S. financial system. Treasury is freezing their assets and publicly denouncing the egregious acts they’ve committed, sending a message that there is a steep price to pay for their misdeeds,” said Secretary of the Treasury Steven T. Mnuchin. “At the direction of President Trump, Treasury and our interagency partners will continue to take decisive and impactful actions to hold accountable those who abuse human rights, perpetrate corruption, and undermine American ideals,” the U.S. Department of the Treasury reports.

The original article was published in AKIPress.

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