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Home > Uzbek Court Overturns Ruling to Seize MTS Assets, Imposes $600 Million Fine

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Uzbek Court Overturns Ruling to Seize MTS Assets, Imposes $600 Million Fine

November 12, 2012

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Karimova sold the company to MTS in 2004 at what market watchers said was an above-market price.

Former Uzdunrobita business partner, Sanjar Umarov, has claimed Karimova pushed him out of the company.

Copyright 2012 Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

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