By Guy Faulconbridge and Miranda Murray
German prosecutors in Frankfurt have dropped a money laundering investigation against Russian-Uzbek billionaire Alisher Usmanov, his lawyers have said.
“We have always insisted on the innocence of our client,” Wannemacher & Partner lawyers Uwe Lehmbruck and Dr. Markus Gotzens said in a statement, calling it an important step towards protecting the reputation of Usmanov, aged 71.