MOSCOW, September 18 – RAPSI, Diana Gutsul. Dinara Bilyalova, ex-CEO of Mira company, who was convicted and sentenced to three years in jail on charges of embezzling state funds of in the Oboronservis case, has been released on parole, RAPSI learnt on Riday in Moscow's Lefortovsky District Court.

Investigators claimed that Mira company was involved in a corrupt scheme and received money as an alleged agency commission. The money was later laundered and distributed between accomplices and used to purchase the most marketable facilities and property from the Defense Ministry at reduced price. 

The Defense Ministry's Property Relations Department and Oboronservis holding became involved in a corruption scandal in 2012 that led to the resignation of the then defense minister Anatoly Serdyukov and Yevgeniya Vasilyeva.

Serdyukov was charged with negligence. Investigators claimed that his actions or inactions resulted in damages to the state estimated at 56 million rubles (about $849,000) by ordering army personnel to build a private road to a Caspian Sea resort owned by his brother-in-law.

However, the Russian media reported in late December 2013 that the criminal probe into Serdyukov’s actions was closed. Serdyukov's lawyer Genrikh Padva said later that his client was pardoned under an amnesty program.

Bilyalova was senteced to four years in prison. However, in May the Moscow City Court reduced her sentence to three years in prison.