German prosecutors say they’ll drop an investigation of Russian oligarch Alisher Usmanov over possible breaches of sanctions and money laundering rules after he agreed to pay a 10 million euro (about $11.8 million) fine
ByThe Associated Press
December 30, 2025, 6: 56 AM
BERLIN — German prosecutors say they will drop an investigation of Russian oligarch Alisher Usmanov, a close ally of President Vladimir Putin, over possible breaches of sanctions and money laundering rules after he agreed to pay a 10 million euro (about $11.8 million) fine.
The Uzbekistan-born Russian billionaire and metals magnate, who was reelected as the president of the International Fencing Federation last year, has been facing European Union sanctions imposed after Russia’s full-scale invasion of Ukraine in 2022.
The Munich prosecutors office said Tuesday the probe of Usmanov, which prompted police raids of dozens of p