US EditionGerman prosecutors to end probe of billionaire Usmanov upon payment of 10 mln euros
Alisher Usmanov will pay 10 million euros to close allegations of undeclared exports and a 1.5 million euro security payment, with funds going to Bavaria's treasury and prisoner welfare.
- On Dec 30, Munich prosecutors said Germany will drop an investigation into EU‑sanctioned Alisher Usmanov if he pays 10 million euros, which he agreed to pay in full to end the probe.
- The probe examined alleged breaches of sanctions and money‑laundering rules, including claims of undeclared valuables to Germany's export control office, BAFA, with Usmanov facing EU and U.S. sanctions.
- Records show about 1.5 million euros flowed through foreign firms for two properties in Rottach‑Egern, while prosecutors said 8.5 million euros will go to Bavaria's treasury and 1.5 million euros to Bavaria's state's association for prisoner welfare.
- Under German criminal law, discontinuation follows receipt of payment; prosecutors in Munich said the agreement's non-reopen clause prevents reopening, echoing a November 2024 similar case.
- Usmanov's lawyers said the payment is not a fine and closure saves time and resources, while Alisher Usmanov denies wrongdoing and remains under EU and U.S. sanctions with frozen assets.
71 Articles
71 Articles
The public prosecutor's office in Munich has closed a case against the Russian oligarch Usmanov against a fine.
The German courts announced this Tuesday that they would temporarily suspend proceedings against Russian oligarch Alicher Ousmanov, who was subject to European sanctions in connection with his Bavarian property, in exchange for the payment of ten million euros.The 72-year-old billionaire has agreed to the payment of the sum required, assure the Munich Public Prosecutor's Office and the lawyers."After receiving the payment, the prosecution will d…
The Berkshire Eagle
German Prosecutors Drop Yet Another Case Against Alisher Usmanov - Lawyer Steinhöfel
BERLIN, Dec. 30, 2025 /PRNewswire/ -- The Munich II Public Prosecutor's Office has closed its probe into billionaire Alisher Usmanov over suspected violations of German foreign trade law. The case concerned alleged breaches of Article 18 of the German Foreign…
Three years have been investigated in Munich against the Russian oligarch Usmanov. Now a second case against a million-dollar payment is also closed - due to "specificities of the present case".
Alistan Usmanov must pay ten million euros. He had been accused of violations of the foreign trade law and possible sanctions violations.
Rechtsanwälte Steinhöfel [Newsroom]Hamburg (ots) - The Public Prosecutor's Office Munich II has the investigation against the billionaire Alischer Usmanow for suspected two violations of the Foreign Trade Act (AWG) in connection with the sanction list of the regulation (EU) ... Read more...Original content of: Rechtsanwälte Steinhöfel, transmitted by news aktuell
Coverage Details
Bias Distribution
- 53% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
