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WATCHING THE WORLD: Khodorkovsky’s new year

01/07/2008
Whatever the new year may hold for most of us in the oil and gas industry, it will likely resemble nothing close to what’s in store for jailed Yukos founder Mikhail Khodorkovsky and his business partner Platon Lebedev.Remember them? If not, recent reports say that a court in the city of Chita, where the men are jailed, has extended custody for them until Feb. 8, pending a new investigation into their activities.The new charges against Khodorkovsky and Lebedev, who were convicted of fraud and tax evasion in 2005, include stealing government shares, expropriating oil, and laundering $25 billion earned from oil sales in 1998-2004.The new investigation was upheld by the Moscow City Cour...
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