Mikhail Khodorkovsky
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Mikhail Khodorkovsky's fraud conviction upheld

A Moscow court has upheld ex-tycoon Mikhail Khodorkovsky's second conviction for fraud but cut his 14-year sentence by one year.

Khodorkovsky was convicted in December of embezzling nearly $30bn (£19bn; 21bn euros) worth of his own company's oil and laundering the proceeds.

Daniel Sandford reports.

  • 25 May 2011
  • From the section Europe