German police raided several properties, including a lakeside villa belonging to Russian oligarch Alisher Usmanov, as part of investigations into suspected sanctions violations, tax evasion and money laundering.
A special unit of about 250 agents searched the oligarch’s estate in Bavaria, Germany’s Der Spiegel reported.
The Frankfurt Attorney General’s office said in a statement that raids targeted a Russian businessman suspected of using his “extensive and complex network of businesses and companies” to trace the origins of several transactions between 2017 and 2022. disguise, without mentioning Usmanov.
The Munich Public Prosecutor also confirmed that the home of a Russian citizen and four other suspects had been raided, without reference to Usmanov. Usmanov does not currently live in Germany, according to local media.
The 69-year-old, with a reported net worth of $14.6 billion, made his fortune in mining and investment and is a former shareholder of Arsenal football club. He is said to have close ties to Russian President Vladimir Putin.
After the start of the Russian war against Ukraine, Usmanov was added to the sanctions list of the European Union.
Earlier this month, Hungary had urged that Usmanov be removed from the EU sanctions list along with two other Russian oligarchs.
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