German Prosecutors to End Probe of Billionaire Usmanov Upon 10 Million Euro Payment
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German Prosecutors to End Probe of Billionaire Usmanov Upon 10 Million Euro Payment

German prosecutors are set to discontinue a probe into billionaire Alisher Usmanov after he agreed to pay 10 million euros. The investigation concerned alleged violations of EU sanctions rules regarding the declaration of assets. Usmanov has denied any wrongdoing, with his lawyers stating the payment aims to save time and resources and is not an admission of guilt. This follows a similar money laundering investigation dropped in November 2024 under comparable terms.

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