Lay’s lawyer refused on Monday to accept a subpoena to appear before two investigating committees that are attempting to piece together the jigsaw that led to the collapse of the US’s seventh largest public company. His lawyer said he had no idea where Lay was.
Andersen chief executive Joseph Berardino is due to testify before a congressional hearing at 3pm GMT this afternoon.
Enron management are being investigated for allegations of inflating Enron’s share price by covering up massive losses in the company.
Lay has refused to appear voluntarily before Congress saying that he would not get a fair hearing.
Lay owns over a dozen homes in the US, including four worth more than $6m (£4m) each in the exclusive ski resort of Aspen, as well as around nine properties in Houston where Enron is based.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016