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21 Aug 2002
Michael Kopper, the former head of Enron's global finance division, is expected to plead guilty to single charges of conspiracy to commit wire fraud and money laundering, according to two sources close to the investigation.
He will be the first executive at the company to admit wrongdoing in the case.
Kopper worked under former chief financial officer Andrew Fastow, and was involved in the controversial off-balance sheet partnerships used to shield much of Enron's debt.
He will enter his plea to a federal court in Houston today. It is unknown whether the deal will keep him from serving any jail time.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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