Villa of Russian oligarch raided in Bavaria, expensive cars seized
German police, tax investigators, and customs agents conducted a raid at the villa of a Russian oligarch believed to be Alisher Usmanov on Oct. 5. The villa is located in the municipality of Rottach-Egern in Bavaria, on the shores of the resort lake Tegernsee in the Alps.
Photographs from the scene of the searches show that many luxury cars of German origin were seized. Representatives of the Central Sanctions Enforcement Office stated that searches were also conducted at other real estate properties belonging to Usmanov.
Read also: Italy freezes Russian oligarchs' assets worth €2 Billion
Officials refused to disclose the name of the Russian individual, stating only that he is subject to EU sanctions and asset freezes. Reuters reported that the individual is Usmanov, whose representative responded that "there are no grounds for suspicion against him."
Usmanov is considered close to Russian dictator Vladimir Putin. After Russia's full-scale invasion of Ukraine, his assets in the EU were frozen, and an investigation into possible money laundering is ongoing.
Read also: Ukraine’s economic security agency charges Russian oligarch Fridman with money laundering
The SBU (Security Service of Ukraine) seized property belonging to the oligarch, including 160,000 tons of iron ore stored in underground warehouses in Russia-occupied Ukraine, with an estimated value of about 2 billion hryvnias (approximately $54.5 million USD), at the end of December 2022.
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Read the original article on The New Voice of Ukraine
