Gulnara Karimova at the Fashion Week in Moscow in 2011. (AP / Mikhail Metzel)

The investigative journalist-led Organized Crime and Corruption Reporting Project reported this week that Gulnara Karimova — the daughter of Uzbekistan’s leader, Islam Karimov — has accepted more than $1 billion from Scandinavian and Russian telecommunications companies seeking a share of the mobile-phone industry.

The Guardian reports:

Occrp described her schemes as “audacious” accusing them of diverting money from Uzbekistan’s national coffers in to banks, an offshore hedge fund and luxurious real estatearound the world.”

The investigators accuse Karimova of demanding percentages of companies and extorting cash for her “personal services and lobbying efforts”.

Karimova “demonstrated a ruthless ability to acquire a share of ownership (her preferred rate was 26%) of lucrative telecom-related companies — without actually putting up any money,” they said.

Read more here.

— Posted by Alexander Reed Kelly.


If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.

Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.