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. Last Updated: 07/27/2016

Bykov Freed Pending Trial in Krasnoyarsk

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Anatoly Bykov, the former head of the Krasnoyarsk Aluminum Plant and arch rival of regional Governor Alexander Lebed, was released from jail Thursday after spending 10 months in custody.

Bykov, who is charged with ordering contract murders and money laundering, walked out of a Krasnoyarsk courtroom after four prominent people vouched he would appear in court for trial.

Bykov, who has clashed with Lebed over control of the region’s aluminum industry, said on Krasnoyarsk television station Thursday evening that he might sell the shares he controls in the aluminum plant, Interfax reported.

Bykov reportedly controls a stake of about 30 percent in Krasnoyarsk Aluminum, the country’s second largest aluminum smelter. He lost his post at the plant amid a power shakeup in February.

Judge Valentina Gordenko told Interfax that she freed Bykov under guarantees put up by State Duma deputies Alexander Klyukin and Vladislav Dyomin — both of the Liberal Democratic Party — and two other people.

Bykov was the No. 2 man on the LDPR’s party list in the December Duma elections, but was struck from the ballot in October for failing to declare all of his property holdings.

Later that month, he was arrested by Hungarian border guards on the basis of an Interpol warrant. In April, he was extradited.

Andrei Bunev, the investigator in the case, was quoted by Itar-Tass as saying the Krasnoyarsk prosecutors would appeal the decision to free Bykov.

"This case is doomed to fail when it comes to trial," Bykov’s lawyer Genrikh Padva told reporters after the court decision.

State Duma Deputy Valery Zubov, a former governor of the Krasnoyarsk region, told Rosbusinessconsulting that "Bykov was freed because the regional prosecutors do not have convincing evidence of his guilt." He said the charges would eventually be dropped.