Subscribe to one of our news e-mail lists . Vladimir Gusinsky will not be extradited from Spain to Russia. Spain's National Court announced its decision on Wednesday and is expected to explain its ruling later.
Spanish prosecutors have three days to lodge an appeal against the ruling.
But in March he was jailed again and then released when the Spanish court ruled 2-1 to reverse its decision to jail him. Gusinsky insists that the loan has been fully repaid. Court sources say the tribunal is expected to rule that the grounds for Russia's indictment of Gusinsky would not amount to a crime in Spain and that this is the key criteria for deciding extradition cases. In a pre-dawn move, the new owners changed security guards and fired all staff critical of the takeover. Since then, an independent radio station owned by Gusinsky has also come under threat after three of its sister media outlets were taken over or closed down.