New charges brought to Russian oil tycoon
www.chinaview.cn 2007-02-05 21:17:31

Russian oil tycoon Mikhail Khodorkovsky

Russian oil tycoon Mikhail Khodorkovsky(File Photo)
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    BEIJING, Feb. 5 (Xinhuanet) -- Mikhail Khodorkovsky, Russian oil tycoon and his business partner Platon Lebedev faced a new charging of money laundering and embezzlement Monday.

    The charges of the Russian Prosecutor-General's Office were read in the Chita regional prosecutor's office.

    The Office alleges that Khodorkovsky and Lebedev are guilty of embezzling receipts from Yukos subsidiaries Fargoil and Ratibor, and of laundering the money through the Open Russia Foundation, a charitable organization established by Khodorkovsky in 2001 as a private endowment to assist academic institutions and non-governmental organizations in Russia.

    Khodorkovsky and Lebedev, both serving eight-year sentences in Siberia since 2005 for fraud and tax evasion, were taken to a pre-trial detention facility in Chita, in Eastern Siberia, in December 2006.

    Mr Khodorkovsky's lawyers said the additional charges seemed aimed at legitimising the sell-off, which Mr Khodorkovsky's defence team have branded as "theft".

    "They want to give legitimacy to the future auction," said Robert Amsterdam, a member of Mr Khodorkovsky's international defence team. "They think if they keep hitting Khodorkovsky something will stick."

    Khodorkovsky was sentenced to nine years in prison in May 2005 after being found guilty of fraud and tax evasion. Once being Russia's richest man who used to be seen hobnobbing with the likes of Bill Gates at charity events, he had been behind the bars for more than a year.

    Khodorkovsky's business partner Platon Lebedev was also sentenced to nine years in prison by Moscow's Meshchansky Court. The court gave a third defendant, Andrei Krainov, a five year suspended sentence.

    The company Khodorkovsky founded, Yukos, has been all but crushed by a legal onslaught of back taxes and seen its chunks carved up by rival companies.

    The court also ordered Khodorkovsky and Lebedev to pay 17.3 billion rubles (617.9 million U.S. dollars) of back taxes owed by their companies in civil suits filed by the Federal Tax Service.

    In addition, Khodorkovsky was found to have evaded taxes as a private person, which amounted to 54.5 million rubles (1.9 million dollars) in income tax and fees to extra-budgetary funds.

    (Agencies)

Editor: Feng Tao
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