A Collaboration with University of Pittsburgh   

Khodorkovsky pleads not guilty to embezzlement and money laundering

[JURIST] Russian oil executive Mikhail Khodorkovsky [defense website; JURIST news archive] and his former business partner Platon Lebedev pleaded not guilty [RIA Novosti report] Monday to charges of money laundering and embezzlement. Khodorkovsky made two statements to the court, one reflecting his opinion on the charges, and the other specifically refuting [defense documents, PDF] each charge. The Russian Prosecutor General's Office [official website, in Russian] filed these new charges against Khodorkovsky and Lebedev in February, alleging that the pair embezzled over $100 million [JURIST report] from Khodorkovsky's former company, Yukos [JURIST news archive]. If convicted, Khodorkovsky and Lebedev could face 22 years in prison.

Khodorkovsky is currently serving an eight-year prison term for six counts of fraud [JURIST report], for which he was convicted in 2005. Khodorkovsky applied for early release last July, but his application was rejected [JURIST reports] by a Russian judge in August because he disobeyed guards at the Krasnokamensk penal colony and refused to participate in a training program. Khodorkovsky appealed [JURIST report] that decision in September.

Support JURIST

We rely on our readers to keep JURIST running

 Donate now!

About Paper Chase

Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible format.

© Copyright JURIST Legal News and Research Services, Inc., 2013.