dollars which that was allegedly stolen from a ucas subsidiary you can. company used to be one of the world's leading non-state oil producers and because of that of course he made his wealth as a c.e.o. of the ucas company it was it how it was privatized in the mid ninety's in one of those in the mid ninety's in one of those shady deals of. privatization and because of that a corpse keep is indeed believed by many to have stolen billions and billions of rubles but there are those who say that because of that of course he has been jailed for political motives all the time because he has been maintaining his innocence but at the same time. this second case. confirms the stance that the authorities have been taking that he's been in prison serving his term purely for economic crimes or there are things for much and even bring us the latest as well as a background on the case started pouring there. and of the latest phase crew is set to head for they haven't slater today a russian american an italian will board a soyuz rocket and blast off to the internationa

through ucas here's how it worked the oil was bought from the companies that are nominal price set by ucas it was then sold at the same level to offshore trading companies secretly owned by her that skin liberty of when it was then resold at market price they pocketed the difference six billion dollars was moved offshore three times alone. so basically that all means that the prosecution claims that we got of course kennedy's former business partner plus the. still trying to seven billion u.s. dollars worth of oil. while the time to cost his case has triggered strong reaction both abroad and within russia so tell us more about that. will you there has been rather critical reaction to this from the west germany has said that this verdict is a step back in the within the zation off russia washington has said that this case actually see really worsens the situation with human rights in the country with russia ignores all those problems as it claims that it is a domestic cases and domestic issue that has to be solved with the within the borders over the country and it's only russia's you

often shady circumstances it became soon russia's fastest growing oil producer for locals the task ucas had set for themselves who wasn't connected to the country's economy or the nation's road that wasn't part of their charter for the company to work or russia's benefit song would bring others who started using state property for their own good. but the path to success had a dark side to a political associates well a defunct guilty of a number of murders the most high profile death being that of the mayor of new guns and oil town in the year olds in one nine hundred ninety eight he had insisted that hugo's pay local taxes in food and was killed. the thieves place is imprisoned khodorkovsky is accused of stealing tax evasion and fraud and it's not about some trifling amount with a new job. he faces it's about stealing hundreds of billions and i'm not just talking about him his company security chief is in prison for murder they didn't like the mayor of nifty hugo sc so they killed him then there was another woman in moscow who refused to sell her little stool to them and they killed her

the former tycoon rose to great wealth thanks to one of the world's largest non-state oil companies ucas the company grew from the state selloff in the one nine hundred ninety s. when government assets were being hived off in often shady circumstances it became soon russia's fastest growing oil producer political task ucas had searched for themselves who wasn't connected to the country's economy or the nation's robe that wasn't part of their charter for the company to work or russia's benefit song would bring others who started using state property for a long good. but the path to success had a dark side too of political associates well a defendant guilty of a number of murders the most high profile death being that of the mayor of new fifty two guns and oil town in the year olds in one nine hundred ninety eight he had insisted that you could pay a local taxes in food and was killed so it's a good article the thief's place is in prison which khodorkovsky is accused of stealing tax evasion and fraud and it's not about some trifling amount with the new charges he faces it's about stealing

and became versus fast is going on a producer at that time in the business was risky and ucas was no exception to could have caused his associates were found guilty of a number of murders even so their supporters insist the two men are innocent khodorkovsky was not to blame because he had a whole team of very experienced lawyers hole used to tell him that. everything he did was within the law it was the blame of the laws that had those holes in them because he has mundine he's innocent of the fraud charges ever since his arrest in two thousand and three and the west's many believe he was singled. prosecution not so much for financial reasons as for his political ambitions so why do his supporters in russia tend to view him as a sort of a martyr figure we're all humans and compassion for people who who are who are behind the bars for a very long time here already eight years in prison and he has to spend many years more for the present can be smart he can be a particular it can be sold spoken but it doesn't mean that necessarily this is a finish off non-guilt and that might be a case

complicated scheme of embezzling oil and money through dealings with three smaller subsidiaries of ucas some modern you have to guess you gonski have to guess and after all oil extracting companies each was forced into a deal that was highly on profitable for them but extremely profitable for you can see there was out thirty billion dollars worth of oil still and by that. through you can here's how it worked the oil was bought from the companies i don't know me low price said by ucas it was then so at the same level two offshore trading companies secretly owned by could that skin a bit if when it was then resold at market price they pocketed the difference six billion dollars was moved offshore through tomsk alone so that's according to the prosecutors the scheme used by the crowds out of scam plots on leverage of the use of for money laundering of twenty seven billion us dollars worth of oil russia has . lashed out over the criticism coming from the international community owned this case saying that the charges that the two are being oppressed with a serious charges that would have be

price said by ucas it was then sold at the same level to offshore trading companies secretly owned by her that skin labored if when it was then resold at market price they pocketed the difference six billion dollars was moved offshore through tomsky after alone. so that basically means that sniff out his former business partner but the live in chief were recently found guilty of stealing twenty seven billion u.s. dollars worth of oil and now the question is what the sentence will be like. well how did this case has triggered strong reaction both abroad and was then russia what more can you tell us about that. well there has been rather critical reaction from the west although this case germany has said that it is a step away from what nice zation. wash washington has the south that this particular case you dearly worsens the situation with the civil rights story with human rights in the country however russian officials ignored all those provinces saying that this is the mastic case it has to be solved within the borders of the country and that should be no pressure from the internati

complicated scheme of embezzling oil and money through dealings with three smaller subsidiaries of ucas some modern you have to guess you gonski have to guess and after all oil extracting companies each was forced into a deal that was highly on profitable for them but extremely profitable for you can see their results thirty billion dollars worth of oil stolen by her that. through you can here's how it worked the oil was bought from the companies i don't know me or price said by ucas it was then sold at the same level to offshore trading companies secretly owned by so that called skin liberty if when it was then resold at market price they pocketed the difference six billion dollars was moved offshore through tomsk nafta alone. indeed this latest trial was also widely criticised by the west calling you that you are a validation of human rights but the russian foreign ministry has made an official statement statement about this saying that if such a case were to appear in the united states for example that for such a charges person could be facing up to a life time in jail russian foreig

dollars from a subsidiary company of ucas the verdict has been announced guilty khodorkovsky supporters say he didn't break any laws khodorkovsky was not to blame because he had a whole team of very experienced lawyers who used to tell him got. everything he did was within the law it was the blame or the laws that have dissolved loopholes and them the former tycoon rose to great wealth thanks to one of the world's largest non-state oil companies ucas the company grew from a state selloff in the one nine hundred ninety s. when government assets would be hived off in often chidi circumstances it soon became russia's fastest growing oil producer but the path to success had a dark side to offer that associates were later found guilty of a number of murders. the thieves place is in prison of course he's accused of stealing tax evasion and fraud with the new charges he faces it's about stealing hundreds of billions his company security chief is in prison for murder. but there has always insisted he's innocent of the fraud charges which put him behind bars ever since his arrest in two thousand

the former tycoon rose to great wealth thanks to one of the world's largest non-state oil companies ucas the company grew from a state selloff in the one nine hundred ninety s. when government assets were being hived off in often cittie circumstances it soon became russia's fastest growing oil producer but the fourth to success headed outside to a associates were later found guilty of a number of murders. the thieves place is in prison. is accused of stealing tax evasion and fraud with the new charges he faces it's about stealing hundreds of billions his company's security chief is in prison for murder. he has always insisted he's innocent of the fraud charges which put him behind bars ever since his arrest in two thousand and three ignoring his past many in the west believe that he was singled out for prosecution among the billionaire businessmen because of his political ambitions the russian authorities say ucas is pure live victim to the economic crimes of its manager. and i think there is a strong upper edge on the part of many in the media in the russian liberal media and definitely

dollars is the oil is allegedly was stolen from a subsidiary of ucas a company that used to be run by nicole for that for skew the prosecution are demands fourteen years in prison on these charges which added to the health of the previous term would leave him behind bars until twenty seventeen meaning six extra years in prison however if we call for that of course he is found not guilty then he might walk free already next autumn in october two thousand and eleven well dr certainly a high profile case in a lot of attention and controversy over you've told us about the possible charges the possible further jail time can you just take us back if you will and give us more background on the story. that's right you could say is one of the loudest pieces in russia's recent history required for that of course you once russia's richest man made his fortune as c.e.o. of yukos a company that used to be one of the world's largest non-state all produces and the assets of the company were acquired in one of those awful sheedy deals of mid ninety's in russia during the privatization where the state

you can see here is how it worked the oil was bought from the companies at a nominal price said by ucas it was then sold at the same level to offshore trading companies secretly owned by so that called skin neighbors if when it was then resold at market price they pocketed the difference six billion dollars was moved offshore through thomson have to learn that of course negative were found guilty of embezzling a total of three hundred fifty million tonnes of oil worth twenty four billion dollars this latest trial was also widely criticised by the worst school when you think you are a ballet shoes of human rights but the russian foreign ministry has made an official statement statement about this saying that if first such a case were to appear in the united states for example that for such charges a person could be facing up to a life time in jail russian foreign ministry has also said that this is a domestic issue and it's all about russia's judicial system and it has to be resolved within the country without the pressure from the international community on the core of the third day of

prosecution among the billionaire businessmen because of his political ambitions the russian authorities say ucas is purely a victim to the economic crimes of its management i think there is a strong effort on the part of many in the media and in the russian liberal media and definitely in the west to to politicize it as much as possible there is no question that. our cause and the rest of the crowd who participated initiated and was very active in the criminal privatisation of the ninety's are guilty of the crimes they're accused of so in that sense i think very few people would fatha cut across he is persecuted for for nothing yes there is a very strong case i think against him public opinion is divided i think that most of russia probably sweller recollected what you're all those people like and that's why i don't think that i'm on russian broad public unlike liberals for whom. i come here and find compassion for the prosecutors had asked of her that of course he was forty seven served at least six years on top of this current sentence however the reading of the full verdict is expected to las

just non-state oil companies ucas the company grew from the state selloff in the one nine hundred ninety s. when government assets were being hived off in often shady circumstances it became soon russia's fastest growing oil producer political task for themselves who wasn't connected to the country's economy or the nations world that wasn't part of their charter for the company to work or russia's benefit song would bring in others who started using state property for their own good. but the path to success had a dark side to a political associates well a defunct guilty of a number of murders the most high profile death being that of the mayor of the of two guns and oil town in the year olds in one nine hundred ninety eight he had insisted that hugo's a local taxes in full and was killed for their cause he has always insisted he is innocent of the fraud charges which put him behind bars ever since his arrest in two thousand and three ignoring his past many in the west believe it's a political case and who there is a victim who's suffering for funding opposition parties and pursuing his o

again till the twenty seventh of december it had been due to be handed down on wednesday the former ucas tycoons already serving an eight year prison term for tax evasion fraud and embezzlement and has also been charged with stealing millions of tons of oil well if found guilty will stay behind bars until twenty seventeen and if the court clear is one of cost of the charges he will walk free in less than a year some observers call it a political case but the russian authorities insist this executives must be prosecuted for canonic crimes. the most recent country to convert to the euro is having a rethink about whether it should stick with it and the country's parliamentary speaker says there needs to be a plan b. in case a european currency crisis worsens richard added that's the body and they have to return to its national currency to protect its economy he says the countries that have been doing fine so far end up in trouble of helping around here and data members now listed as one of the canonic and social studies. slovakia had no need to switch to the euro in the first place. i don't