After a Decade in Jail, Khodorkovsky Receives Pardon from Putin


The former owner of Yukos Oil Company will have his sentence ended by Russian President Vladimir Putin after spending over ten years in prison. Mikhail Khodorkovsky was Russia’s richest man when he was jailed on the tarmac of a Siberian airport in 2003, then resulted in time served in the Chita region near the border with China, and eventually a transfer to a prison in the northwestern region of Karelia in 2011. The 50-year-old has been serving his sentence for two convictions of tax evasion, money laundering and oil embezzlement. He has maintained his innocence, claiming that the cases against him were a reaction to financing opposition parties. The Kremlin has consistently denied this accusation.

The Russian President announced during a four hour press conference that he will soon be signing the decree to pardon him. “He’s already spent more than 10 years in prison, that’s a serious punishment,” Putin said. “He cited humanitarian circumstances, his mother is ill. I believe that such a decision can be taken and soon a decree will be signed pardoning him.”

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