BusinessCompany NewsLay and Skilling guilty of conspiracy

Lay and Skilling guilty of conspiracy

Former Enron exectuives Kenneth Lay and Jeffrey skilling found guilty of conspiracy and fraud

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.

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

1w Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

4m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

8m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

8m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

11m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

11m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

11m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

11m Emma Smith, Managing Editor