Putin Pardons Jailed Tycoon Khodorkovsky

December 20, 2013

Vladimir Putin has signed the decree pardoning tycoon Mikhail Khodorkovsky, a prominent Kremlin critic, who has spent more than a decade behind bars for embezzlement, fraud and tax evasion, Aljazeera reports.

"Guided by humanitarian principles, I decree that Mikhail Borisovich Khodorkovsky... should be pardoned and freed from any further punishment in the  form of imprisonment. This decree comes into force from the day of its signing," said the decree signed by Putin and published by the Kremlin.

The Russian president had revealed his decision to pardon Khodorkovsky during his annual press conference on Thursday, saying the former head of oil giant Yukos had requested a pardon because his mother was ill.
In comments broadcast on state television, Putin said it was the first time his foe had made such a request.

Khodorkovsky, 50, used his estimated fortune of $20bn to support communist and liberal opposition to Putin prior to his arrest in 2003, when he was snatched off his corporate jet by special security forces.

Khodorkovsky also challenged Kremlin interests by lobbying for the construction of a Yukos-controlled oil pipeline to China that would compete with the interests of state energy firms.

He and his business partner, Platon Lebedev, were convicted of fraud and tax evasion in 2005.

A second trial ended in 2010 with an embezzlement conviction for both men.

Putin did not comment on the fate of Lebedev, but the president's spokesman Dmitry Peskov said he had not asked for a pardon.

Khodorkovsky had been due to be released in August 2014.

Copyright, Aljazeera, 2013.