News Focus
News Focus
icon url

F6

04/25/05 2:05 PM

#28077 RE: F6 #28075

(COMTEX) B: Fight will go on, vows Khodorkovsky team as 10 years' jail looms

Apr 25, 2005 (Evening Standard - Knight Ridder/Tribune Business News via
COMTEX) -- The legal team defending Mikhail Khodorkovsky is vowing to continue
the fight to clear his name despite the near-certainty the Russian tycoon will
this week be sentenced to 10 years in jail for tax evasion and fraud charges.

Bob Amsterdam, the Toronto lawyer representing Khodorkovsky overseas, said the
defence would continue to lobby and put "as much pressure as possible" on the
Russian government, which he accuses of bringing a morally unacceptable case
against his client.

He added: "I have no worries about the profile of this affair slipping because
Russia has taken every opportunity to stub its toe internationally. It's all
about the seizure of energy assets and using them as a bargaining chip with
Europe."

The judge will begin delivering the verdict on Wednesday, almost 18 months after
Khodorkovsky was arrested on multiple charges dating back to the privatisation
of Apatit, a fertiliser firm, in the 1990s. Even his defence team believes he
will be given the stiffest sentence -- 10 years.

Western observers are convinced the tycoon, who founded the Yukos oil empire now
torn apart by the Kremlin, has suffered because of the threat his increasing
political influence posed to President Vladimir Putin.

He funded political parties and invested millions in civil society as well as
building Yukos into the country's biggest oil company. Yukos' main unit is now
part of State-owned interest Rosneft.

Khodorkovsky was one of the oligarchs who picked up Russia's natural resources
assets at knock- down prices under then Premier Boris Yeltsin. While conceding
his client profited, Amsterdam points out that he did not break the law.

"Khodorkovsky was tax compliant for the years 1994 right up until today, when
very few in Russia were," he added. "People have to understand this trial and
the destruction of Yukos are not the legal extension of State power -- this is a
series of illegal acts without precedent.

"As Khodorkovsky himself said, why would someone who gave away $150 million a
year in donations compile a false document to save $1 million in tax?"


Amsterdam claims the attitude of the man on the street in Moscow is changing
towards Khodorkovsky and becoming more favourable. His legal team now hopes the
West can bring more pressure to bear on the Kremlin.

"The West can do more. I don't see next week's verdict as the endgame," he said.

By Steve Hawkes

To see more of the Evening Standard, or to subscribe to the newspaper, go to
http://www.thisislondon.co.uk .

Copyright (c) 2005, Evening Standard, London

-0-

*** end of story *** (emphasis added)