Germany launches Khodorkovsky probe

Germany launches Khodorkovsky probe
Photo: DPA
Germany has secretly opened an investigation into Mikhail Khodorkovsky, the jailed former chief of now-defunct Russian oil giant Yukos, for alleged money laundering, a German newspaper reported.

The investigation into Khodorkovsky was for alleged money laundering, according to a report to be published in Saturday’s Süddeutsche Zeitung. The Munich-based paper was unable to say if the probe was still under way.

Khodorkovsky was suspected of having placed between €15 million and €20 million ($20 million to $28 million) in a German bank account in his name and those of close associates, court sources told the newspaper.

Investigators came across Khodorkovsky’s name on a CD-ROM containing client data of Swiss private bank Julius Baer, which they obtained after a raid of the bank’s offices in Frankfurt, southern Germany.

A Russian court jailed the fallen oil tycoon in 2005 for the theft of Russian oil and money laundering in a trial his supporters insist was part of a political campaign against him.

Last month, the European Court of Human Rights ruled that Yukos had not received a fair trial but cleared the Russian government of having mounted a politically motivated campaign against the company.

AFP/bk


Member comments

Become a Member to leave a comment.Or login here.