Belgian court decides to transfer €108 million to Uzbekistan
Tashkent, Uzbekistan (UzDaily.com) — Belgium has transferred over €100 million to Uzbekistan, confiscated in the course of an investigation into money laundering and corruption.
According to The Brussels Times, the Brussels Prosecutor’s Office received a request for international assistance from Uzbek judicial authorities after hidden commission fees linked to telecommunications contracts were uncovered.
In response to this request, $200 million was confiscated in Belgium.
The Brussels court ruled that the confiscated funds, including accumulated interest, would be divided between Belgium and Uzbekistan in accordance with international rules governing the distribution of confiscated assets among EU member states.
As per the court’s decision, €108 million will be transferred to Uzbekistan.