MOSCOW, December 20 (Itar-Tass) — The presidium of the Moscow City Court on Thursday reduced the prison term for former Yukos CEO Mikhail Khodorkovsky and former director of the Menatep company Platon Lebedev, convicted for theft of oil and money laundering, to 11 years.
The court thereby brought the verdict by the Khamovniki district court, passed within the second Yukos case, in accordance with effective legislation which envisions softer penalties in a number of penal code articles.
At the same time, the presidium turned down the lawyers' supervisory appeal requesting to overturn the second verdict and drop the criminal case or release Khodorkovsky and Lebedev on time already served.
The prosecutor had asked the court to cut the sentence by one year and nine months to 11 years and three months in a general regime penitentiary.
Under the latest court ruing, Lebedev will be set free in August 2014, and Khodorkovsky in October 2014.