German prosecutor drops money laundering investigation against billionaire Usmanov, his lawyers say

MOSCOW (Reuters) – German prosecutors have dropped a money laundering against Russian-Uzbek billionaire Alisher Usmanov, his lawyers said on Monday.

“We welcome the decision of the Frankfurt am Main General Public Prosecutor’s Office to end its investigation against Alisher Usmanov,” Wannemacher & Partner lawyers Uwe Lehmbruck and Dr. Markus Gotzens said in a statement.

“We have always insisted on the innocence of our client. For A. Usmanov, this is an important step towards restoring his faith in the rule of law and to protect his good name and reputation as a world-renowned philanthropist and philanthropist.”

(Reporting by Guy Faulconbridge; Editing by Mark Trevelyan)