Mr Khodorkovsky is entitled to ask for early release because he has served more than half his sentence.
His lawyers said that the refusal to grant parole showed that President Dmitry Medvedev had failed to fulfil his promise to reform the legal system.
Mr Khodorkovsky has already spent almost five years in jail since his arrest. He was convicted of fraud and embezzlement in 2005. Yukos, once Russia's biggest oil company, was declared bankrupt in 2006 and ceased to exist as a legal entity in November 2007.
Author: Ksenia Kochneva




