Jailed Russian tycoon Mikhail Khodorkovsky told a Siberian court at the start of his parole hearing Thursday that he does not plan to return to the oil industry, where he made his fortune. Khodorkovsky -- who headed the Yukos oil company and was once Russia's richest man -- has spent almost five years in jail. He was sentenced in 2005 to an eight-year term for tax evasion and fraud and has been eligible for parole for the past 10 months.
August 22, 2008 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Jailed Russian tycoon Mikhail Khodorkovsky told a Siberian court at the start of his parole hearing Thursday that he does not plan to return to the oil industry, where he made his fortune.
Khodorkovsky — who headed the Yukos oil company and was once Russia’s richest man — has spent almost five years in jail. He was sentenced in 2005 to an eight-year term for tax evasion and fraud and has been eligible for parole for the past 10 months.
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