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Arrested Russian billionaire now a free man

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Russian billionaire businessman Vladimir Yevtushenkov was freed from house arrest on Friday following his detention earlier this week in a money laundering probe, a source in his Sistema conglomerate said.

“Vladimir Yevtushenkov has been freed from house arrest,” the source told AFP.

The Investigative Committee, which reports directly to President Vladimir Putin, announced on Tuesday that Yevtushenkov was being investigated for misappropriation or embezzlement linked to an oil deal.

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