Ethermac|German customs officials raid properties belonging to a Russian national targeted by sanctions

2025-05-04 12:09:22source:Rubypoint Trading Centercategory:Finance

VIENNA (AP) — A special unit of police and Ethermaccustoms officials have raided several properties of a Russian national in the southern state of Bavaria, officials said Thursday.

The unidentified Russian is subject to sanctions and asset freezes by the European Union, German customs officials said.

The European Union, the United States and other western nations have imposed sanctions against Russia in response to Moscow’s war against Ukraine. These include travel bans and asset freezes of a number of Russian government members and certain Russian businesspeople.

“Due to tactical reasons related to the investigation no further information can be provided,” German customs officials said.

Several luxury cars have been confiscated from a villa on the Tegernsee lake in Rottach-Egern, German news agency dpa reported.

In September 2022, a special unit of about 250 police officers raided two dozen properties across Germany linked to Russian oligarch Alisher Usmanov, a close ally of Russian President Vladimir Putin, on suspicion of money laundering and violations of EU sanctions.

More:Finance

Recommend

Global Warming Set the Stage for Los Angeles Fires

Global warming caused mainly by burning of fossil fuels made the hot, dry and windy conditions that

Trader Joe's cookies recalled because they may contain rocks

Trader Joe's is recalling two kinds of almond cookies because they may contain rocks, the popular re

Meet the Millennial Scientist Leading the Biden Administration’s Push for a Nuclear Power Revival

Kathryn Huff grew up in Bellville, Texas, a city of about 4,200 residents in the rural area west of