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. Last Updated: 07/27/2016

Ex-Aeroflot Executives Convicted

A Moscow court on Friday convicted two former executives of Aeroflot for abuse of power and failing to transfer the carrier's foreign currency earnings to Russia, but ordered them free for time served, their lawyers said.

Nikolai Glushkov, former first deputy general director, along with several other former Aeroflot executives had also been accused of transferring more than $200 million in airline revenues to two Swiss firms founded by businessman Boris Berezovsky.

Glushkov had been imprisoned since 2000 and was also accused of attempting to escape.

The case had dragged on for six years and was once denounced by Berezovsky as a "KGB method" of blackmail.

Glushkov was acquitted of money laundering but convicted of the other charges and sentenced to three years and three months in prison, said Alexei Popov, a lawyer for one of the defendants in the case. Aeroflot's former promotion director, Alexander Krasnenker, was convicted of the same charges and sentenced to 2 1/2 years.

However, the court ordered both men released. Glushkov had already served time in pretrial detention and Krasnenker was amnestied.

Another former Aeroflot executive, chief accountant Lidia Kryzhevskaya, was found guilty of abuse of power, and the former head of the Financial United Corporation, Roman Sheinin, was convicted for assisting other defendants in abuse of power. Both were also set free under an amnesty.

(AP, Reuters)