Germany's largest bank raided over russian oligarch

This was reported by Reuters with reference to the Frankfurt prosecutor's office.

‘In the past, Deutsche Bank maintained business relations with foreign companies that, according to the results of the investigation, are suspected of money laundering,’ the prosecutor's office told the agency.

In response to a request from Reuters, the bank confirmed that searches had been carried out and stated that it was cooperating fully with the investigation.

The German publication Der Spiegel reports that the searches are linked to companies owned by russian oligarch Roman Abramovich, who has been on the EU sanctions list since spring 2022.

In a comment to the publication, Abramovich's lawyer said he had no information about the searches and denied the allegations, calling them false and damaging to his client's reputation.

Source: Economic Pravda, Reuters