www.xinhuanet.com
XINHUA online
CHINA VIEW
VIEW CHINA
 Breaking News Car bomb hits Baghdad market, kills many      Canada's opposition to propose new confidence motion    At least 24 killed in suicide car bombing in Tikrit     At least 15 killed in bus crash in northern Philippines     Bush security investigates possible grenade incident     US Senate approves Iraq war funds     
Home  
China  
World  
Business  
Technology  
Opinion  
Culture/Edu  
Sports  
Entertainment  
Life/Health  
Travel  
Weather  
RSS  
  About China
  Map
  History
  Constitution
  CPC & Other Parties
  State Organs
  Local Leadership
  White Papers
  Statistics
  Major Projects
  English Websites
  BizChina
- Conferences & Exhibitions
- Investment
- Bidding
- Enterprises
- Policy update
- Technological & Economic Development Zones
Source Manufacturers and Suppliers from China and around the world
   News Photos Voice People BizChina Feature About us   
Former Yukos chief accused of money laundering
www.chinaview.cn 2005-05-14 10:06:57

    MOSCOW, May 13 (Xinhuanet) -- Former Yukos chief Mikhail Khodorkovsky, who is awaiting his verdict on fraud and tax evasion charges, will face new charges of money laundering, the Prosecutor General's Office said Friday.

Former Yukos chief Mikhail Khodorkovsky (File photo)
    "The prosecution is planning to bring new charges of money laundering against both Mikhail Khodorkovsky and (his business partner) Platon Lebedev soon," Natalia Vishnyakova, spokeswoman for the Prosecutor General's Office, was quoted by Itar-Tass as saying.

    The charges involved money that totaled billions of rubles, Vishnyakova added.

    The prosecutor's office planned to bring the charges to court as part of a criminal case against Khodorkovsky and Lebedev openedlast December, Vishnyakova said.

    Khodorkovsky has already been charged with large-scale fraud and tax evasion and is awaiting his verdict, set be delivered Monday, behind the bars. He has been detained for more than a yearand could face a sentence of up to 10 years in jail, as demanded by the prosecution. Khodorkovsky pleaded innocent to all charges against him.

    The new charges against Khodorkovsky came the same day Yukos, which has been all but crushed by a legal onslaught of back taxes,was ordered by a Moscow court to pay 62.4 billion rubles (2.2 billion US dollars) to Yuganskneftegaz, a former Yukos subsidiary,for past oil bills.

    In a lawsuit filed with the Moscow Arbitration Court, Yuganskneftegaz claimed Yukos had not paid for oil that Yuganskneftegaz shipped to it in July-December 2004 as part of an agreement between the two companies.

    "We believe this court ruling is illegal and will certainly appeal it," Yukos Press Secretary Alexander Shadrin was quoted by Interfax as saying.

    Yuganskneftegaz, which accounted for more than 60 percent of Yukos' oil output, was auctioned off in December against a crippling 28 billion-dollar back-tax bill on Yukos.

    The court also decided to hold a hearing on June 10 on another Yuganskneftegaz claim, which demanded compensation from Yukos for tax claims for 1999-2003 that amounted to 141 billion rubles (5 billion dollars). Enditem

  Related Story
How many luring postures can you imagine?
19 killed in anti-US protests in Afghanistan
"The Promise" star dazzle Cannes
- Former Yukos chief accused of money laundering
- Nation bans 60 illegal newspapers
- "China story" brings Fortune back
- China, US prepare for presidents' visits this year
- US re-imposes quotas on Chinese clothing
- Japanese FM to appeal for hostage's release on TV
- Iran softens stance on resumption of enrichment activities
- Undersea tunnel planned to link mainland to Taiwan
- Five EU countries discuss border controls
- Iran warned against resuming nuclear activities
- 24 people wounded in Kashmir blast
- Georgia pressures Russia to close bases
- Car bomb kills at least 10 in Baghdad
- Britain supports possible UN action on Iran
- US blacklists Rwandan rebels as terrorists
- Bolton nomination sent to full Senate over disagreement
Copyright ©2003 Xinhua News Agency. All rights reserved.
Reproduction in whole or in part without permission is prohibited.