A pedestrian strolls by the entryway to Lombard Odier in Geneva, Switzerland.
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Lombard Odier — one of Switzerland’s earliest personal banks — was prosecuted by Swiss districtattorneys on charges of intensified cash laundering.
In a release on Friday, the Office of the Attorney General of Switzerland, or OAG, stated it submitted an indictment versus Lombard Odier and a previous staffmember of the bank at Switzerland’s Federal Criminal Court on Tuesday.
The OAG stated the implicated assisted hide the continues of a criminal company set up by Gulnara Karimova — the child of Islam Karimov, the authoritarian president of Uzbekistan who passedaway of a stroke in2016 Karimova was arraigned by the lawyer basic in 2023 on accusations of laundering cash that was a outcome of criminal activities in Switzerland inbetween 2005 and 2012.
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