By admin 
German prosecutors in Frankfurt have officially ended their money laundering investigation against Russian-Uzbek billionaire Alisher Usmanov. This news was confirmed by Usmanov’s legal representatives on Monday.
The legal team, Wannemacher & Partner, expressed satisfaction with the outcome and emphasized that they have consistently proclaimed Usmanov’s innocence. “This development is crucial for safeguarding Usmanov’s reputation,” said Uwe Lehmbruck and Dr. Markus Gotzens in a formal statement. Meanwhile, the Frankfurt Public Prosecutor’s Office has referred questions to federal prosecutors, who have yet to respond.
Usmanov, whose wealth spans mining, manufacturing, telecoms and media, is estimated at $14.4 billion, according to the Bloomberg Billionaire’s Index. His lawyers underlined the lack of evidence for more than two years, which failed to support the main charges, including money laundering.
(With input from agencies.)