Jailed Russian tycoon released from house arrest

December 18, 2014 7:15 AM

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MOSCOW – A Russian tycoon placed under house arrest in September in a move that rattled markets was released from house arrest on Tuesday, just hours before President Vladimir Putin's annual televised press conference.

A lawyer for Vladimir Yevtushenkov was quoted by Interfax news agency as saying his client had been freed. The last-minute release echoes a similar move last year, when Putin announced after his annual press conference that another tycoon, Mikhail Khodorkovsky, would be set free.

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