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Munich Prosecutors Drop Usmanov Sanctions Probe With €10 Million Condition

Prosecutors cite unresolved legal questions for closing the case upon receipt of the payment.

Overview

  • The discontinuation becomes final once the €10 million arrives, and Usmanov has instructed payment, which ends the case without a conviction and blocks reopening on the same suspicion.
  • Prosecutors pointed to particularities of the case and unsettled high-court issues over sanctions enforcement, noting that some alleged breaches were formal in nature.
  • Allegations focused on using about €1.5 million of frozen funds to pay security for two Tegernsee properties and failing to notify authorities about valuables such as jewelry, art and wine.
  • Of the sum, €8.5 million goes to the Bavarian state and €1.5 million to Bavarian charities, and the arrangement had the consent of the Landgericht München II and the accused.
  • A 2024 money‑laundering probe was previously closed for €4 million, a tax investigation remains open, and parts of the 2022 searches were later ruled unlawful.