Former Yukos chief and Russian oil magnate Mikhail Khodorkovsky has been sentenced to nine years in prison after being found guilty of six out of seven charges in his fraud and tax evasion trial.
His Yukos business associate, Platon Lebedev, was handed the same sentence by the Moscow court.
The guilty verdict came in the 12th day of the trial, however, Khodorkovsky, 41, has already spent 583 days in jail, meaning he will serve another seven-and-a-half years in prison.
As the sentence was pronounced Khodorkovsky looked straight ahead, and when asked if he understood the judgement, he said ‘no sane person’ could understand the verdict.
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Carter Backer Winter has acquired Edwards Financial Services, expanding its financial planning department
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton