Former Enron CFO Andrew Fastow is to give evidence against the NatWest three,
it has emerged.
The Guardian reported that Fastow had admitted guilt as part of the
scheme and would be giving evidence as part of a plea bargain.
The three are accused of defrauding their employer to the tune of around £4m
through a scheme to purchase a company NatWest owned at undervalue.
Fastow’s evidence recently helped convict both Ken Lay and Jeff Skilling,
Enron’s former CEOs.
The US is said to be pushing for seven- to nine-year jail terms for the
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars
Tallat Mahmood appointed to corporate finance team of Top 20 firm
Top 25 firm HW Fisher & Co has acquired London firm Rhodes & Rhodes