Who enabled the Uzbek Princess's £200 million spending spree?
20/03/2023
On March 14, 2023, a study by Freedom for Eurasia was published, focusing on how the President of Uzbekistan's daughter, Gulnara Karimova, used "professional enablers" to spend £200 million on properties from London to Hong Kong.
also, the BBC notes that this story "raises fresh doubts about the UK's efforts to tackle illegal wealth,"
According to the report, these funds were obtained through bribery and corruption, and yet the ease with which Karimova obtained UK property was "concerning".
The study revealed that Karimova's boyfriend, along with other alleged associates, were listed in official documents as the beneficial owners of various properties, when they were just proxies.
This was also the case for companies Karimove set up in the UK, Gibraltar, and the British Virgin Islands, which were ultimately used as instruments through which to launder hundreds of millions of dollars.
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