Former Enron exectuives Kenneth Lay and Jeffrey skilling found guilty of conspiracy and fraud
Accountancy Age, 25 May 2006
A jury has found Jeffrey Skilling and Ken Lay, the former executives of collapsed energy company Enron guilty of fraud and conspiracy.
Lay, 64, and Skilling, 52, were found guilty by a court in Houston for their role in the collapse of Enron in 2001.
According to reports on CNN, Skilling was found guilty of a total of 20 of the 28 charges against him, and Lay guilty of all six charges against him.
More soon.
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