“In Germany, prosecutors in the city of Munich have decided to drop their investigation into Russian oligarch Alisher Usmanov on suspicion of violating sanctions and money laundering rules after the oligarch agreed to pay a fine of 10 million euros.”, — write: www.pravda.com.ua
Vladimir Putin, Alisher Usmanov, photo: “RIA Novosti” Source: “European truth” with reference to AP
Details: Munich prosecutors said on Tuesday that the investigation into Usmanov, which three years ago led to police raids on dozens of properties in Germany linked to him, would be dropped after receiving a fine.
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Prosecutors said Usmanov is suspected of transferring about 1.5 million euros through foreign companies to manage two properties in the coastal town of Rottach-Egern, south of Munich, in the months after the sanctions were imposed.
He was also accused of failing to declare valuables, including jewellery, paintings and wine.
Usmanov’s defense contested the allegations regarding his ties to companies and valuables, as well as the applicability of EU law in the case.
Prosecutors said the suspension of the investigation after paying the fine was allowed under German criminal law.
What happened before:
- Usmanov came under EU sanctions after Russia’s full-scale invasion of Ukraine in 2022.
- Some funds and assets linked to Usmanov were frozen under the restrictive measures.
- In November of last year, the Prosecutor’s Office of Frankfurt am Main stopped the proceedings against Usmanov in the case of money laundering.