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Swiss Court Halts Karimova Money-Laundering Trial

Her detention in Uzbekistan makes a timely verdict impossible.

FILE - Gulnara Karimova arrives for the screening of the film "The Exodus - Burnt By The Sun 2", at the 63rd international film festival, in Cannes, southern France, on May 22, 2010. (AP Photo/Matt Sayles, File)
Designer Gulnara Karimova (L), daughter of Uzbekistan's President Islam Karimov, stands with a model after presenting her Guli Collection at China Fashion Week in Beijing October 30, 2012. REUTERS/Jason Lee/File Photo

Overview

  • The Federal Criminal Court discontinued the case after finding it could not reach a verdict before the statute of limitations because Gulnara Karimova cannot leave Uzbekistan.
  • Her lawyer said the dismissal amounts to an acquittal under Swiss law and argued her conviction in Uzbekistan was unfair.
  • Swiss prosecutors had accused Karimova of leading a network called “The Office” and of laundering hundreds of millions of dollars through Swiss accounts between 2005 and 2013.
  • Karimova is serving a 13-year sentence in Uzbekistan until December 2028, and prosecutors say the time limits for the alleged Swiss offenses expire over that year.
  • A separate Swiss case targets private bank Lombard Odier and a former relationship manager over alleged concealment of the proceeds, which the bank disputes as organizational shortcomings rather than knowing participation.