Uzbekistan

Affidavit claims Gulnara Karimova turned major Uzbek telecoms operator into cash cow

bne IntelliNews October 14, 2017

Former senior executive who fled to Moscow related how late autocrat Karimov’s daughter issued implied or explicit threats against him to milk money from Uzdunrobita.

GM Uzbekistan in talks to launch Russian and Uzbek car assembly sites

bne IntelliNews October 6, 2017

Uzbek-American venture wants to make Ravon cars in Russia, while it might assemble Russian KAMAZ vehicles in Uzbekistan.

Uzbekistan seeks to buoy reform efforts with $1bn World Bank loan

Kanat Shaku in Almaty October 2, 2017

International finance institution has hailed “ambitious” moves propelled by September’s currency liberalisation, funds may help address deterioration in banks’ credit quality.

US prosecutors say Sweden's Telia agrees $1bn Uzbek telecoms bribery settlement

bne IntelliNews September 22, 2017

New York-traded company and Uzbek subsidiary Coscom corruptly built lucrative business in Uzbekistan by making illicit payments to government official.

Military plot to assassinate Uzbek president reportedly foiled

Nizom Khodjayev in Tashkent September 12, 2017

Reports that members of the Uzbek state security services were conspiring to assassinate reformist President Shavkat Mirziyoyev have surfaced on the opposition People's Movement of Uzbekistan website.

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