Former Yukos Chief Enters ‘Not Guilty’ Plea
From Times Wire Reports
Russian oil magnate Mikhail Khodorkovsky pleaded not guilty to charges including fraud and tax evasion. Co-defendant Platon Lebedev, another key shareholder in oil giant Yukos, also entered a plea of not guilty.
The two men face 11 charges and up to 10 years in prison.
The case coincides with an inquiry into Yukos, which may face bankruptcy if it can’t pay tax arrears of billions of dollars.
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