Prosecutors Drop Money Laundering Case Against Usmanov

German prosecutors in Frankfurt have officially dropped a money laundering investigation against Alisher Usmanov, a Russian-Uzbek billionaire valued at $14.4 billion. His legal representatives, Wannemacher & Partner, expressed satisfaction with the decision, emphasizing their client's innocence and highlighting the lack of evidence substantiating the allegations over more than two years. This development is seen as a crucial step in safeguarding Usmanov's reputation as a philanthropist and restoring his faith in the rule of law. The Frankfurt Prosecutor's Office has referred inquiries to federal prosecutors, who have not commented on the case. Usmanov's wealth spans various industries including mining, telecoms, and media, further contributing to his prominence on the global stage.