Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

SFO set to recover proceeds from Uzbekistan corrupt deals

Jaclyn Jaeger | October 5, 2018

The U.K. Serious Fraud Office announced Oct. 3 that it has issued a claim for civil recovery in the High Court under Part 5 of the Proceeds of Crime Act 2002.

The claim concerns a number of assets, including three U.K. properties, that the SFO alleges were obtained using the proceeds of corrupt deals in Uzbekistan involving Gulnara Karimova and Rustam Madumarov.   

The SFO said a directions hearing will be listed in due course.

Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.