The Department of Justice announced criminal charges against the daughter of former Uzbekistan President Islam Karimov on March 7, in addition to charges levied against the former general director of Uzdunrobita, an Uzbek subsidiary of the Moscow-based Mobile TeleSystems PJSC, also known as MTS.
MTS is the largest mobile telecommunications company in Russia and a publicly traded company in the United States. Thursday’s charges stem from an alleged $1 billion money laundering and bribery scheme, and the largest potential bribe payment ever received by an individual defendant under the Foreign Corrupt Practices Act (FCPA).
