fincrimeagency@protonmail.com

@onmanagement

Russian Billionaire Alisher Usmanov Takes Legal Action Against UBS for Money Laundering Investigations in Germany

The German branch of Swiss bank UBS, UBS Europe SE, is facing a lawsuit from Russian oligarch Alisher Burkhanovich Usmanov over alleged money laundering reports. Usmanov, a multi-billionaire and influential figure in Russian business and politics, has accused UBS Germany of making numerous false reports to the German Financial Intelligence Unit (FIU) between 2015 and 2018. These reports, according to Usmanov, have led to baseless criminal investigations against him.