The US Department of Justice proceedings In Rem (case no. 1:16-cv-01257) traced a number of corrupt payments through Latvian banks Aizkraukles, Latvia and Parex Latvia. These accounts accumulated large sums of wealth. For example, between 2009 and 2012, Takilant transferred US $102,864,623.01 from its Parex Account to Takilant’s Lombard Odier account (a private bank HQ in Geneva, Switzerland).
A statement from the Prosecutor-General’s Office of the Republic of Uzbekistan (28 July 2017) also suggests that “cash and securities worth USD 16.5 million, and an entertainment center in the park area of Riga worth EUR 9 million” can be tied to Karimova and her associates. However, there has been no litigation against Karimova or her associates in this jurisdiction.
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