Ex-oil tycoon Lebedev released after sentence cut
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The former business partner of oil tycoon Mikhail Khodorkovsky, Platon Lebedev, is released from jail after his sentence was cut by more than three years by Velsk court on November 1, 2012.
The court ruling, which followed the appeal of Lebedev's 13-year sentence, is seen as a rare legal victory in an allegedly politically motivated case. The court's decision cut Lebedev's sentence to ten years, while prosecutors were seeking a term of eleven years and three months.
The same court had already cut Lebedev's sentence by three years and four months in August. However, another court struck down the ruling and asked the Velsk court to reconsider.
Khodorkovsky, the former head of oil company YUKOS, and his business partner were sentenced for multi-billion dollar theft and money laundering in 2012. Both men have claimed the sentence was particularly severe due to their personal differences with the regime headed by President Vladimir Putin.
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