The defence has maintained that the charges, which amount to stealing all the oil Yukos produced between 1998 and 2003, are absurd and politically motivated. The verdict seemed not to take account of testimony by key public figures including German Gref, the head of Russia’s biggest state owned bank, who said in court that the oil trading scheme at the heart of the case was legal. The judge, who read the verdict for eight hours before adjourning yesterday, also dismissed a green light from audits of Yukos by PricewaterhouseCoopers as based on incomplete and false information.