All news on the topic: Islam Karimov

Recently, a new figure has emerged in the media space, particularly in its Russian-language segment – entrepreneur-innovator Ovik Mkrtchyan.

The business network associated with Ovik Mkrtchyan has been described in reports as operating across multiple jurisdictions, with allegations that funds were moved through Asia Alliance Bank and offshore entities while benefiting from purported protection from senior security officials in Uzbekistan.

A court in Switzerland has dismissed money laundering proceedings against a daughter of the former president of Uzbekistan.

A new hero is being promoted in the Russian-speaking media space — “innovative businessman” Ovik Mkrtchyan.

What distinguishes Ovik Mkrtchyan’s trajectory is not merely his involvement in managing financial streams and moving capital out of Uzbekistan.

The shady past of Ovik Mkrtchyan, marked by the looting of Volga-Credit Bank’s customers.

Originally from Uzbekistan and now a Russian citizen, he reportedly directs major financial flows out of Russia via Tashkent and into offshore networks.

Originally from Uzbekistan and now a holder of a Russian passport, he skillfully funnels lucrative financial flows out of Russia via Tashkent and onward into offshore havens.

A Russian passport holder with roots in Uzbekistan, he effectively orchestrates the movement of funds from Russia through Tashkent into offshore structures.

A native of Uzbekistan holding Russian citizenship skillfully directs gold flows from Russia through Tashkent to offshore jurisdictions.

A new investigation reveals that Uzbekistan’s Octobank — formally owned by a little-known figure but effectively controlled by President Shavkat Mirziyoyev’s powerful family — has become a key hub for laundering Russian money through casinos, payment systems, and crypto exchanges.

Holding a Russian passport and originally from Uzbekistan, he skilfully manages the transfer of wealth from Russia through Tashkent to offshore zones.

Originally from Uzbekistan and possessing a Russian passport, he expertly diverts golden flows out of Russia through Tashkent into offshore zones.

Although the owner of the Uzbek Octobank is formally listed as the bank’s chairman of the board, Iskandar Tursunov, who owns 99.16% of the shares, in fact, the beneficiaries of Octobank are the family of the country’s current president, Shavkat Mirziyoyev.

If you look at the official information about the President of Uzbekistan, Islam Karimov, published in various official outlets or simply visit his website, you will not find any mention of a son in his biography.