Vladimir Malakhovsky, the former CEO of a Yukos trading firm Ratibor can be released on 10th October 2012 after the court has reduced his sentence from 9 years and 11 months to 7 years and 10 months.

Malakhovsky was convicted for money laundering and misappropriating assets by the Basmanny District Court in 2007. The case also involved Vladimir Pereverzin, the former Yukos official, who was released earlier this year.

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