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Russian tycoon Polonsky sentenced to 5 years, freed as statute of limitations expires

Логотип TASS TASS 12.07.2017 TASS

MOSCOW, July 12. /TASS/. Moscow’s Presnensky court has found Russian businessman Sergey Polonsky guilty of embezzling more than 2.6 billion rubles ($43 million) in a real estate fraud, but ruled to release him as the statute of limitations has expired, a TASS correspondent reported.

"(The court rules to) sentence Polonsky to 5 years in a general regime penal colony on several counts, and free him from penalty due to the expiration of the statute of limitations and release him from custody in the courtroom," Judge Yevgeny Naydenov said.

ITAR-TASS

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