Ebbers' WorldCom trial kicks-off spectacularly

Bernie Ebbers, the former CE of WorldCom accused of allegedly cooking the books to the tune of $11bn, looked on as the legal fight against him kicked of in frenetic style this week.

Written by Nicholas Neveling

Ebbers' lawyers wasted no time in going for the jugular by attacking the credibility of the prosecution's star witness - former WorldCom finance executive Scott Sullivan - at a pre-trial hearing.

In what could be a nasty, sensational scrap The Independent reported that the defence was prepared to go so far as to delve into Sullivan's alleged marital infidelity to discredit him. Judge Barbara Jones denied motion by prosecutors to block this line of questioning.

Advertisement

Jury selection for the trial - which could see Ebbers gaoled for 30 years if he is found guilty of the accounting fraud that triggered the biggest bankruptcy in history - starts today.

The trial itself is scheduled to begin in a week.

Tags:

Comments

White papers

Related jobs

More Accounting jobs

Spotlight

Stuart Bridges, Hiscox

Stuart Bridges: FD of Hiscox

Dull is the new black in these straightened times –...

Top 30 Accounting Networks and Associations 2008

The race to become the biggest firm on the planet...

Barack Obama Accountancy Age cover October 2008

Obama: asset or liability?

What an Obama presidency could mean for you

Find your next job

Find your next job
Salary Checker

Job of the week

More finance jobs

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Your next job

Have your say

Will proposed tax cuts help to stimulate the economy?
Yes
No

Advertisement

Search white papers

Search white papers

Advertisement