Not Much Doubt About Khodorkovsky’s Verdict

    May 16, 2005
    Chris Crum

Defense lawyers in Yukos founder Mikhail Khodorkovsky’s fraud trial said that he will be found guilty of at least 4 charges, but the session was adjourned until tomorrow.

Khodorkovsky was detained nearly a year and a half ago as part of an investigation into Yukos. Many believe that Khodorkovsky is just the target of a Kremlin campaign to sabotage his political agenda.

A couple weeks ago, a note was found on the door of the Moscow courthouse where the trial is taking place. The note said that the verdict would be postponed until May 16. The verdict is still not in, but there is little doubt of his guilt. According to AFX News Limited,

Judge Irina Kolesnikova began reading the verdict in the case shortly after midday. In midafternoon she suspended the session until tomorrow, without explanation.

Maria Ordzhonikidze, another member of Khodorkovsky’s defence team, said earlier that the actual pronouncement of a verdict could take up to three days.

The prosecution wants Khodorkovsky to be sentenced a maximum of 10 years. The defense is seeking to get him completely acquitted from any charges.

Khodorkovsky’s business partner Platon Lebedev who is also on trial, was arrested three months before him. Both their charges are related to the privatization of a fertilizer-component company in 1994.

Chris is a staff writer for WebProNews. Visit WebProNews for the latest ebusiness news.