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. Russian Court Finds Khodorkovsky Guilty of Embezzlement VOA News 27 December 2010 Mikhail Khodorkovsky, center, and his co-defendant Platon Lebedev, right, are escorted to a court room in Moscow, 27 Dec 2010 Photo: AP Mikhail Khodorkovsky, center, and his co-defendant Platon Lebedev, right, are escorted to a court room in Moscow, 27 Dec 2010. A Russian court on Monday found former tycoon Mikhail Khodorkovsky, the jailed ex-chief of Yukos Oil, guilty of stealing from the now-defunct company. Khodorkovsky's business partner, Platon Lebedev, was also found guilty by a Moscow judge. It was not clear when the judge would announce their sentences. Khodorkovsky â once Russia's richest man â and Lebedev were accused of embezzling oil and laundering $27 billion in proceeds during a six-year period. Both defendants have denied the charges, saying they were framed for supporting opposition candidates and critics of Prime Minister Vladimir Putin, who was president at the time of Khodorkovsky's 2003 arrest. Khodorkovsky and Lebedev are currently nearing the end of eight-year prison terms for fraud and tax evasion. Defense lawyers say they will appeal the new verdicts. Defense witnesses, including a former Russian prime minister, said the charges were a politically motivated pretext to keep the two imprisoned. Mikhail Kasyanov, President Putin's prime minister from 2000 to 2004, testified earlier this year that the Kremlin ordered Khodorkovsky's arrest because he angered Putin by funding opposition parties. Police detained 12 supporters of the defendants from a crowd demonstrating outside the Moscow court Monday as the verdict was being read. .