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MOSCOW, February 17. /TASS/. Moscow City Court has upheld the verdict to brothers Alexey and Oleg Navalny in Yves Rocher fraud case.
On December 30, 2014 Moscow’s Zamoskvoretsky Court found the Navalny brothers guilty in the case. Alexey Navalny got 3 years 6 months suspended sentence. Oleg Navalny was sentenced to 3 years 6 months in prison colony.
The Zamoskvoretsky court of Moscow levied more than four million rubles ($77,600) from brothers Alexey and Oleg Navalny convicted in a massive Yves Rocher fraud case on a lawsuit filed by the Multi-Profile Processing Company. "To satisfy the lawsuit of the injured party, levy 4,400,000 rubles from Alexey and Oleg Navalny in favor of the injured party — Multi-Profile Processing Company," the judge said. Both Alexey and Oleg were also fined for 500,000 rubles ($7,908) each.
Both men were accused of a massive fraud in a conspiracy with office abuse and of money laundering. Investigators claim they have embezzled 26.7 million rubles (around $753,000) from perfume company Yves Rocher Vostok and more than 4.4 million rubles (around $124,000) from a processing company from 2008 to 2013.
"The verdict of the Zamoskvoretsky Court from December 30, 2014 remains unchanged. Appeals from the defense and prosecution were rejected," the judge said.
According to today’s court ruling, the fine is cancelled for Alexey Navalny. The term of his sentence will be counted from February 28, 2014 when he was placed under house arrest. The term of sentence for Oleg Navalny will be counted from December 30, 2014. Probation period for Alexey Navalny after the main sentence was extended from 2 to 5 years.
The verdict for the Navalny brothers enters into force and is binding.