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(AXcess News) Novosti reported thata Moscow court ruled Monday that funds totaling about $600 million in Russian bank accounts held by Mikhail Khodorkovsky and business partner Platon Lebedev should be seized to clear back taxes owed by the Yukos oil company, the Federal Bailiffs Service said. The Moscow Meshchansky Court ruled in favor of the Federal Tax Service' and Lebedev to the federal budget, the service said. Securities and real estate held by Khodorkovsky and Lebedev will also be used to recover their debts, it added.

Stock Investing Course (AXcess News) Moscow - The Russian news agency RIA-Novosti reported thata Moscow court ruled Monday that funds totaling about $600 million in Russian bank accounts held by Mikhail Khodorkovsky and business partner Platon Lebedev should be seized to clear back taxes owed by the Yukos oil company, the Federal Bailiffs Service said.

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Stock Market Game The Moscow Meshchansky Court ruled in favor of the Federal Tax Service's request to transfer all sums in the accounts of Khodorkovsky - the former chief executive and main shareholder in Yukos - and Lebedev to the federal budget, the service said. Securities and real estate held by Khodorkovsky and Lebedev will also be used to recover their debts, it added.

(AXcess News) Four doctors who were charged with illegal organ transplantation in Russia were acquitted by a Moscow City Court due to a lack of incriminating evidence, a Russian news web site reported. The court first acquitted the doctors in March 2005 but the Supreme Court cancelled the sentence and ordered a retrial. The physicians of the 20th Moscow hospital were accused of having taken organs from a patient who was alive at the time. The court said on Wednesday it found that according to the conclusion made by experts, the patient died in the resuscitation department. The court determined that the physicians had started to prepare the operation to remove the organs after they ascertained the patient's death.

Stock Investing Game Yukos still owes around $6.3 billion in back taxes, penalties and fines as a result of a series of claims for 1999-2003. The bill originally amounted to some $27.5 billion.

Moscow Kalina Concern said its net profit by Russian accounting standards had fallen 8.7% year to 214.072 million rubles ($7.9 million).

Journal Prime Rate Street Wall In addition, the company received claims this month for a further $3.5 billion in taxes and fines for 2004. Yukos has repeatedly rejected the validity of the claims.

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