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Watching The World: Khodorkovsky fights back

11/09/2009
By Eric Watkins
Russia's oil and gas industry has had its share of drama over former OAO Yukos head Mikhail Khodorkovsky, who was convicted and sentenced to 8 years in jail in 2005 for major fraud and tax evasion.Khodorkovsky has been on trial again before a Moscow court since Mar. 3 and faces more than 20 years in prison over embezzlement allegations. But the oilman has now opened a new front in his battle with Moscow.The European Court of Human Rights recently announced that Yukos is suing the Russian government for a record $98 billion. Talk about a counter attack. The former Yukos boss thinks big, and knows the case will serve as a foil to the trial in Moscow.The European Court of Human Rights initia...
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