The reading of Yukos Founder Mikhail Khodorkovsky's verdict has been rapped up, and he was found guilty of six out of seven charges of fraud and tax evasion. As the 11-month trial came to an end, Khodorkovsky received a sentence of nine years in prison. After being postponed because the senence wasn't finished being written, it took twelve days for the judges to get through reading the verdict. Khodorkovsky will probably be sentenced to more than nine years, because the judges are preparing to bring more charges against him.
Yukos itself used to be worth $40 billion, but that amount has sunk like a brick in water since the arrest of Khodorkovsky. The company's shares have fallen by 95%.
"Any time the business community sees something that impacts business and doesn't really understand why, then that's a setback because then businesses will not want to invest," said US commerce secretary Carlos Gutierrez.
Ealier this year, Yukos was acquired by a state-controlled oil company at a controversial auction. The company's back tax bills totaled up to nearly $28 billion.
Chris is a staff writer for latest ebusiness news. 
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