BERLIN (AP) — German prosecutors say they will drop an investigation of Russian oligarch Alisher Usmanov, a close ally of President Vladimir Putin, over possible breaches of sanctions and money laundering rules after he agreed to pay a 10 million euro (about $11.8 million) fine.
The Uzbekistan-born Russian billionaire and metals magnate, who was reelected as the president of the International Fencing Federation last year, has been facing European Union sanctions imposed after Russia's full-scale invasion of Ukraine in 2022.
The Munich prosecutors office said Tuesday the probe of Usmanov, which prompted police raids of dozens of properties in Germany linked to him three years ago, will be dropped upon receipt of payment of the fine.
Some funds and assets linked to Usmanov had been frozen under the EU sanctions.
Prosecutors said Usmanov was suspected of transferring about 1.5 million euros through foreign-based companies for management of two properties in the lakeside town of Rottach-Egern south of Munich, in the months after the sanctions were imposed.
He was also alleged to have failed to declare valuables including jewelry, paintings and wines to authorities. Usmanov's defense team had challenged the allegations about his ties to the companies and valuables and the applicability of EU law in the case.
The prosecutors said the discontinuation of the investigation upon payment of a fine was authorized under German criminal law.
FILE - Uzbek-born Russian businessman Alisher Usmanov attends a meeting of Russian President Vladimir Putin and Crown Prince Sheik Mohammed bin Zayed Al Nahyan of the United Arab Emirates at the Novo-Ogaryovo state residence outside Moscow, Sept. 12, 2013. (Maxim Shemetov/Pool Photo via AP, File)
KYIV, Ukraine (AP) — Leaders from Europe and Canada held talks Tuesday on U.S.-led peace efforts to end the nearly four-year war between Russia and Ukraine, as Moscow and Kyiv sparred over Russian claims, denied by Ukraine, of a mass drone attack on a lakeside residence used by President Vladimir Putin.
The virtual meeting included European leaders as well as Canadian Prime Minister Mark Carney, heads of European institutions and NATO Secretary-General Mark Rutte, according to Polish Prime Minister Donald Tusk.
“Peace is on the horizon,” Tusk told a Polish Cabinet meeting, according to Polish news agency PAP.
It was the first meeting of European leaders since U.S. President Donald Trump hosted Ukrainian President Volodymyr Zelenskyy at his Florida resort on Sunday. Trump insisted that Ukraine and Russia are “closer than ever before” to a peace settlement, although he acknowledged that outstanding obstacles could still prevent a deal.
“We are moving the peace process forward," German Chancellor Friedrich Merz, who attended the talks, said in a post on X. "Transparency and honesty are now required from everyone — including Russia.”
His pointed reference to Russia came after Russian and Ukrainian officials exchanged bitter accusations over Moscow’s allegations that Ukraine attempted to attack the Russian leader’s residence in northwestern Russia with 91 long-range drones almost immediately after Trump’s Sunday talks with Zelenskyy.
The claims and counterclaims threatened to derail peace efforts. “I don’t like it. It’s not good,” Trump said Monday after Putin told him by phone about the alleged attack.
Ukrainian Foreign Minister Andrii Sybiha noted Tuesday that Russia “still hasn’t provided any plausible evidence” to support its allegations.
Moscow won’t do so because “no such attack happened,” he wrote on X.
“Russia has a long record of false claims,” he added, referencing the Kremlin’s denials it intended to attack Ukraine ahead of its Feb. 24, 2022, all-out invasion of its neighbor.
Zelenskyy, speaking Monday, also branded the allegation as “another lie” from Moscow designed to sabotage peace efforts.
Kremlin spokesperson Dmitry Peskov countered Tuesday that the alleged Ukrainian attack is “aimed at thwarting President Trump’s efforts to promote a peaceful resolution” to the war.
Russia and Ukraine have throughout the war exchanged accusations about attacks that cannot be independently verified because of the fighting.
Peskov didn't say whether Moscow would present physical evidence of the attack, such as drone wreckage, saying that such a step would be a matter for Russia’s military. “I don’t think there needs to be any evidence here,” he said.
The rural Novgorod region is home to one of the Russian presidency’s official residences, Dolgie Borody, close to the town of Valdai, about 400 kilometers (250 miles) northwest of Moscow. The area has been used to host a vacation retreat for high-ranking government officials since the Soviet era.
The Institute for the Study of War, a Washington think tank, said that since Trump launched a diplomatic push at the start of the year to end the war, “the Kremlin has sought to delay and prolong peace negotiations in order to continue its war undisturbed, prevent the U.S. from imposing measures intended to pressure Russia into meaningful negotiations, and even to extract concessions about bilateral U.S.-Russian relations.”
Davies reported from Leicester, England. Jamey Keaten in Geneva contributed.
Follow AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine
In this photo provided by Ukraine's 65th Mechanized Brigade press service, recruits attend drills at a training ground in the Zaporizhzhia region, Ukraine, Monday, Dec. 29, 2025. (Andriy Andriyenko/Ukraine's 65th Mechanized Brigade via AP)
In this photo provided by Ukraine's 65th Mechanized Brigade press service, recruits attend drills at a training ground in the Zaporizhzhia region, Ukraine, Monday, Dec. 29, 2025. (Andriy Andriyenko/Ukraine's 65th Mechanized Brigade via AP)
In this photo provided by Ukraine's 65th Mechanized Brigade press service, recruits attend drills at a training ground in the Zaporizhzhia region, Ukraine, Monday, Dec. 29, 2025. (Andriy Andriyenko/Ukraine's 65th Mechanized Brigade via AP)
