Wednesday, October 5, 2022
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Germany raids property of Russian oligarch in money laundering probe

ROTTACH-EGERN, GERMANY (Reuters) – German police raided the lakeside villa registered by Russian-Uzbek oligarch Alisher Usmanov in the southern state of Bavaria on Wednesday as part of an investigation into alleged money laundering, according to people familiar with the matter. Say.

More than 250 officers searched an apparently abandoned villa in the upscale resort town of Rottach-Egern on the shores of Lake Tegen.

“Any allegations of tax evasion by Mr. Usmanov are baseless, false and detrimental to his honour, dignity and reputation, Mr. Usmanov will pass All available legal means defend these,” Usmanov’s press service said in a statement.

Usmanov was added to the Western sanctions list after the Russian invasion of Ukraine in February .

This 69 year old, active in a range of business fields, has Net worth in dollars*) According to Forbes, $600 million is at the heart of two independent investigations into German finances.

The Frankfurt attorney general’s office said the attack targeted a Russian businessman who allegedly used his “extensive and complex network of companies and companies” to conceal the origins of several transactions in and 250.

“Any allegation that Mr. Usmanov used shell companies to receive dividends is clearly false and defamatory,” Usmanov’s press service said.

In a statement that did not name Usmanov, the attorney general said the transactions were believed to have amounted to several million euros. Sources familiar with the matter confirmed that the villa was registered in Usmanov.

Usmanov’s press service says he does not own any real estate in Germany. “The property in question belongs to the family trust, and Mr. Usmanov is not its beneficiary.”

In another investigation, the Munich state prosecutor suspected that Usmanov had commissioned a security company to observe Uptown property Bavaria has financial ties to him even after he was placed on the EU sanctions list.

Munich prosecutors say the payments he made to the security firm are believed to violate a ban on the use of frozen funds.

Guards at the security firm, unnamed by authorities, and Those in charge are also under investigation.

Wednesday’s raids spread across three states and in Hamburg, New York City, according to authorities.

NDR broadcaster reported that a 156 metre yacht Dilbar authorities said it belonged to Ukrainian Smanov’s sister, also sanctioned, was towed from the port of Hamburg to Bremen overnight as the docked shipyard needed space. The Federal Criminal Police said it was worth 5 billion euros.

Since the outbreak of the Ukrainian war, Germany has frozen assets worth at least $4. 88 According to a report by Der Spiegel, citing a document from the Russian Ministry of Economy, the EU sanctions on Russian citizens are 1 billion euros.

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