Police have searched a motor yacht in northern Germany as part of an investigation into a Russian businessman over alleged money-laundering, the state prosecutor’s office in Frankfurt said.
According to the Spiegel news website, the vessel belongs to Alisher Usmanov, an oligarch on the European Union sanctions list who faced raids at his properties in Germany last week.
In a statement, his media office rejected the allegations against him as “baseless and defamatory”.
Prosecutors said the yacht’s owner was suspected of having carried out millions of euros worth of financial transactions between 2017 and 2022 to conceal the origin of funds originating from criminal offences, in particular tax evasion.
Usmanov, who is active across a range of business sectors and has a net worth of $14.6bn, according to Forbes, is at the centre of two separate investigations into his finances in Germany.
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