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State media reports that Russia has dropped all charges against Ilya Traber.

On 'Monday,'?state media reported that Russian investigators had dropped the murder charges against prominent businessman Ilya Traber.

Traber is a 75-year-old businessman who has invested heavily in St Petersburg's ports and logistics. Russian media reported that he was arrested in June for the fatal shooting of Alexander Petrov in 2020.

On?Monday, state-run agencies?TASS? and RIA?reported that all charges?against Traber?had been dropped and his investigation closed. TASS reported that he had been released from his pre-trial custody due to health reasons.

The reports were not confirmed by any official sources.

Traber rose to prominence after the fall of the Soviet Union in the 1990s when he took control of St Petersburg’s oil terminal and sea port at a time when President Vladimir Putin served as a deputy mayor of the city's administration.

Traber's friendship with Putin and the Kremlin was previously denied by the Kremlin.

(source: Reuters)