Against the backdrop of uncertain trade relations between the United States and China, senior government officials from across Asia and the Pacific gathered in Bangkok this week to re-iterate their commitment to strengthening regional trade and investment.
Moscow-based Mobile TeleSystems PJSC (MTS), the largest mobile telecommunications company in Russia and an issuer of publicly traded securities in the United States, and its wholly owned Uzbek subsidiary, KOLORIT DIZAYN INK LLC (KOLORIT), have entered into resolutions with the Department of Justice and Securities and Exchange Commission (SEC) and agreed to pay a combined total penalty of $850 million to resolve charges arising out of a scheme to pay bribes in Uzbekistan. In addition, charges were unsealed today against a former Uzbek official who is the daughter of the former president of Uzbekistan and against the former CEO of Uzdunrobita LLC, another MTS subsidiary, for their participation in a bribery and money laundering scheme involving more than $865 million in bribes from MTS, VimpelCom Limited (now VEON) and Telia Company AB (Telia) to the former Uzbek official in order to secure her assistance in entering and maintaining their business operations in Uzbekistan’s telecommunications market.
Uzbekistan has ranked as the 16th most polluted country in the world in 2018 with 34.3 score, with the air in 2018 was classified as “moderate”.
A Russian telecommunications company agreed to pay $850 million to resolve federal bribery charges, the U.S. Securities and Exchange Commission said Wednesday.
The Mississippi Governor Phil Bryant elaborated on his planned trade mission to Uzbekistan in the autumn as part of the burgeoning ties between the U.S. and Uzbekistan, the Asia Times said.
Uzbek Foreign Minister Abdulaziz Kamilov met with the head of the Taliban delegation Baradar Akhund in Doha Sunday and discussed with him the process of peaceful settlement of the Afghan crisis, as well as economic assistance to Afghanistan, said Taliban spokesman Zabiullah Mujahid.
The Amritsar-bound Boeing 767 plane of Uzbekistan Airways, which departed today from Tashkent returned to the capital and landed at 12:35 at the Tashkent airport, the company said in a statement.
Three former executives of telecom company Telia were acquitted Friday of paying bribes in Uzbekistan, with the Swedish court citing lack of evidence.