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Court Rejects Tycoon’s Appeal, Trims Sentence

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From Times Wire Reports

A court rejected former oil tycoon Mikhail Khodorkovsky’s appeal of his conviction on fraud and tax evasion charges but cut his nine-year sentence to eight. Khodorkovsky, 42, denounced the Kremlin, and his lawyers vowed to fight on.

The court’s decision ended Khodorkovsky’s plan to run for parliament, because Russian law bars convicts from seeking office.

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