FROM A
DIFFERENT ANGLE by Kenneth Rijock
Financial Crime Consultant, for World-Check
Russia investigates Khodorkovsky for money laundering
29 December 2006

Mikhail Borisovich Khordorkovsky, formerly the wealthiest man in Russia, has been notified by the Russian Prosecutor's office that it is investigating him on suspicion of money laundering. Khordokovsky is currently serving a 9-year sentence for fraud and tax evasion in a case that many legal experts say was politically motivated.

Khordorkovsky, controlling shareholder of the dismantled oil giant Yukos, was reportedly considered a  threat to the ruling government of President Putin, and is considered by many in the West to be a political prisoner. Formal money laundering charged will most likely be filed against him, and other formerly affiliated with Yukos.

 

 

The facts and opinions stated in this article are those of the author and not those of World-Check. World-Check does not warrant the accuracy of any facts and opinions stated in this article, does not endorse them, and accepts no responsibility for them.

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