German police storm estate of Russian oligarch Usmanov

FILE PHOTO: Russian President Vladimir Putin (L) shakes hands with Russian businessman and founder of USM Holdings Alisher Usmanov during an awarding ceremony at the Kremlin in Moscow, Russia November 27, 2018. Sputnik/Alexei Nikolsky/Kremlin via REUTERS/File Photo

ROTTACH-EGERN, Germany (Reuters) - German police raided the lakeside residence of Russian oligarch Alisher Usmanov in the southern state of Bavaria on Wednesday, along with several other properties, as part of investigations into suspected sanctions violations and money-laundering.

Authorities were searching Usmanov's house in Rottach-Egern on the shores of the Tegernsee, two sources familiar with the matter told Reuters.