Platon Lebedev was today released from prison near Velsk in the Arkhangelsk region, where he was serving his sentence, said the spokesman of the Federal Penitentiary Service. “Platon Lebedev left the colony...in the Arkhangelsk region at about 10:20 p.m. Moscow time (6:20 p.m. GMT)” the FPS spokesman said, as quoted by RIA Novosti. Two cars passed Velsk on their way to Moscow. Lebedev was in one of the vehicles, an ITAR-TASS correspondent reported from the scene. Russia’s Supreme Court ordered on Thursday that Lebedev’s term be reduced to that he already served - 10 years 6 months and 22 days. Platon Lebedev is a former CEO of Group Menatep Ltd company. The group registered in Giblarlatar indirectly owned over 50 percent of Yukos shares. The businessman and his partner, former chairman and CEO of Yukos, Khodorkovsky were both arrested in October 2003. In 2005 both were convicted of tax evasion and sentenced to nine years. In 2009 they were charged with embezzlement and money laundering. In the end of 2010, the two were sentenced again with 14 extra years for each convict, minus the terms they had already served. The term was reduced to 13 years in 2011. After a long legal battle the final ruling cut the sentences of both men to 11 years. DETAILS TO FOLLOW … Read More
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