AKIPRESS.COM - Switzerland plans to return to Uzbekistan roughly 700 million Swiss francs ($702 million) frozen in connection with investigations into money laundering involving the daughter of the former Uzbek president, Reutersreports citing weekly NZZ am Sonntag.

Swiss prosecutors ordered the confiscation of the money from accounts in Geneva and Zurich to repatriate it to Uzbekistan last month, the paper says, referring to two penal orders it obtained.

The Office of the Attorney General of Switzerland has been investigating Gulnara Karimova, the daughter of the late Islam Karimov, and others on suspicion of money laundering since 2014.

Karimova returned to Tashkent in 2013 after serving as Uzbek ambassador to the United Nations in Geneva from December 2008. She has denied allegations of business impropriety against her.