Uzbek Businessman Abducted in Paris, Freed After Ransom Payment

PARIS, July 4, 2025 — Prominent Uzbek businessman Olim Olimov was reportedly kidnapped in an upscale district of Paris on June 23 and held captive in a villa near Nice before being released after paying a ransom, reported Thursday.

According to the publication, Olimov was abducted while visiting the French capital for high-level negotiations with French partners and to finalize a real estate acquisition. Sources say he was seized by a group of unidentified individuals, transported to a villa’s basement in southern France, and subjected to physical abuse and threats.

A medical report from Hôtel-Dieu hospital in Paris confirms that Olimov sustained multiple bruises and injuries during the ordeal. He has since reported suffering from insomnia and heightened anxiety, suggesting ongoing psychological trauma.

His personal secretary downplayed the incident, telling “It was unpleasant, but it’s all behind us now.”

Criminal Case Opened

French authorities have launched a criminal investigation under the charge of “illegal deprivation of freedom by a group of persons.” So far, one individual has been detained, though officials have not released further details on the suspect’s identity or motive.

A source within Uzbekistan’s banking sector confirmed to the kidnapping incident, although further specifics remain under wraps. The publication also noted that formal inquiries have been sent to Anorbank, where Olimov is believed to have financial ties, as well as to Uzbekistan’s Ministry of Foreign Affairs.

Diplomatic and Legal Ramifications

The case has drawn significant attention in Uzbekistan, where Olimov is known for his investments in real estate and finance. If verified, the kidnapping could prompt diplomatic engagement between Tashkent and Paris, especially regarding the safety of Uzbek nationals abroad.

Authorities have not yet disclosed the amount of ransom paid or whether the attackers had political or purely criminal motivations. Analysts suggest the incident could highlight vulnerabilities in international business dealings and the growing risks faced by high-profile foreign investors in Europe.

This remains a developing story, with more details expected as the investigation progresses.