The Swiss Federal Criminal Court found Lombard Odier bank guilty in the Gulnora Karimova case. The bank was fined 3 million francs (3.7 million dollars) for failing to take all necessary measures against money laundering. The bank, however, stated that it had implemented all necessary measures against money laundering and announced plans to appeal the ruling. This situation once again highlighted the role and responsibility of Swiss banks in the fight against money laundering.
SourceKun.uz