Thursday, August 9, 2012

Court reduces Khodorkovsky partner's prison term

(AP) ? A Russian court has reduced the 13-year prison sentence of jailed oil tycoon Mikhail Khodorkovsky's business partner by three years and four months.

Platon Lebedev has been in jail since July 2003 and is now set to be released in March 2013.

Both men were arrested in 2003 in a case widely seen as politically motivated. They were convicted in 2005 of evading taxes on the Yukos oil company. They were tried together again in a second case and convicted in 2010 of stealing oil from Yukos and laundering the proceeds.

A court in the northwestern town of Velsk ruled Wednesday that Lebedev's sentence should be shortened. The RIA Novosti news agency quoted the judge as saying the decision was based on a change in Russia law.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-08-08-Russia-Khodorkovsky/id-84551dd9d25e49219cd7cee2247ce2fb

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