The court sentenced Vladimir Malakhovsky, the former head of the Yukos-controlled company Ratibor, to 12 years in prison.
Vladimir Pereverzin, the former deputy director of Yukos's foreign-debt department, received an 11-year sentence.
Prosecutors accused the two of buying oil at artificially reduced prices from three Yukos subsidiaries before selling it at higher prices.
RFE/RL Russia Report
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