Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. Khodorkovsky Found Guilty of Embezzlement in Russian Court VOA News 27 December 2010 Former Yukos CEO Mikhail Khodorkovsky, left, and his co-defendant Platon Lebedev, right, stand behind a glass wall at a court in Moscow, Russia, (File) Photo: AP Former Yukos CEO Mikhail Khodorkovsky, left, and his co-defendant Platon Lebedev, right, stand behind a glass wall at a court in Moscow, Russia, (File) Russian news reports say a court ruled Monday that Mikhail Khodorkovsky and his business partner are guilty of embezzling property. The verdict means the two have been found guilty of stealing oil from Khodorkovsky's now-defunct company Yukos. The judge has yet to announce a sentence. Former chief executive of Yukos, Khodorkovsky - once Russia's richest man - and his partner, Platon Lebedev, are accused of embezzling 350 million tons of oil and laundering about $25 billion in proceeds. Both defendants deny the charges, saying they were framed for opposing Kremlin policies. Khodorkovsky is currently nearing the end of an 8-year sentence for fraud and tax evasion. .