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Business union to accept Khodorkovsky's resignation

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MOSCOW, October 31 (RIA Novosti) - The Russian Union of Industrialists and Entrepreneurs (RSPP) will comply with Mikhail Khodorkovsky's resignation request, the union President Alexander Shokhin said Saturday.

Khodorkovsky, the former head of beleaguered oil giant Yukos, now serving an eight-year prison term for fraud and tax evasion, can only see his request through after the RSPP board of directors' meeting in February 2006, Shokhin said.

Khodorkovsky had said in a statement posted on his press center's Web site that he was "asking to be relieved of [his] duties as a member of the governing bureau of the RSPP."

Shokhin said the RSPP had not expelled Khodorkovsky in the two years since his arrest, because the court ruling on his case had not come into force and that the union would take the same approach to Oleg Kiselyov, the president of Renaissance Capital.

"Until there is a court decision, the [RSPP] bureau will not take any action," Shokhin said.

Kiselyov, the president of one of Russia's largest investment banks, announced his resignation in a press release Monday following charges of attempted embezzlement through fraud.

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