Wednesday, June 16, 2004

Here is why Enron didn't go down in Russia

MOSCOW (AP) - Russia's richest man and a major shareholder of his former oil company went on trial Wednesday - confined in a metal cage - on fraud, embezzlement and tax evasion charges that supporters say are politically motivated by the Kremlin.

Former Yukos oil company CEO Mikhail Khodorkovsky exchanged glances and sometimes a comforting smile with his elderly parents, Marina and Boris. He also chatted warmly with co-defendant Platon Lebedev inside the cage in Meschchansky district court.

"Everything is OK, you can see for yourselves," Khodorkovsky told Associated Press Television through the bars. Speaking of Lebedev, he said: "We haven't seen each other for almost a year. Now we have a chance to talk - about everything, but mostly our families."

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