MOSCOW, May 14 (RAPSI) - Moscow’s Tverskoy District Court on Tuesday closed proceedings on the defamation lawsuit filed by Russian tycoon Oleg Deripaska against the party’s leader Gennady Zyuganov, RAPSI reported from the courtroom.

It became known earlier that Deripaska and Zyuganov signed an amicable agreement.

The court held that their dispute was a political discussion and Zyuganov did not have intention to insult the businessman.

Deripaska filed the lawsuit seeking one million rubles ($15,000) in compensation for moral harm from Zyugankov in late January. The businessman demanded compensation for disparaging remarks about his activity allegedly issued by Zyuganov during the State Duma plenary session on January 9.

According to the Communist leader, the statements were aimed not at insulting Deripaska but at the initiation of a parliamentary inquiry into certain circumstances of the tycoon’s activity.