Former Enron broadband CFO faces retrial
Jury selection begins for trial of former execs
The former chief financial officer and the in-house accountant of Enron’s
failed broadband unit are to be re-tried on conspiracy and fraud charges.
Jury selection has begun ahead of the trials of ex-CFO Kevin Howard and
in-house accountant, Michael Krautz after last year’s three-month trial ended in
a hung jury.
The government re-indicted both men on one count of conspiracy and falsifying
books and records, and three counts of wire fraud for allegedly faking $111m
(£60m) in earnings in the fourth quarter of 2000 and the first quarter of 2001,
WebCPA reported.