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New Charges for Khodorkovsky

This charge means that Khodorkovsky will further serve a sentense

New Charges for Khodorkovsky

Yukos founder Mikhail Khodorkovsky was indicted on fresh charges of multibillion-dollar money laundering and embezzlement Monday.

This charge means that Khodorkovsky will further serve a sentense, despite he would have been up for parole later this year.

The charges were issued during a hearing at the regional prosecutor's office in the east Siberian city of Chita, said lawyers for Khodorkovsky and his associate Platon Lebedev, who is also behind bars. The city went into military lockdown for the hearing.

While prosecutors offered few details about the new charges, Khodorkovsky and Lebedev's lawyers said the two stood accused of embezzling and laundering up to $25 billion in oil revenues through offshore trading companies and Khodorkovsky's Open Russia foundation.

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