 Around the World: Russia
(China Daily)
Updated: 2008-07-02 07:42 New charges against tycoon Russian prosecutors confirmed yesterday they had brought new money laundering and embezzlement charges against Mikhail Khodorkovsky, a jailed oil tycoon who supporters say is the victim of a Kremlin plot. Many observers view the next steps in the case as a test of new President Dmitry Medvedev's commitment to boosting investor confidence after a legal onslaught on Khodorkovsky and his Yukos oil firm that alarmed the business community. Khodorkovsky's legal team says prosecutors are uncertain about how to proceed and filed the new charges -- which are very similar to a 2006 indictment on which the businessman is awaiting trial - to play for time. (China Daily 07/02/2008 page12) |
