The late Kenneth Lay, the convicted fraudster and former head of Enron,
received a rousing and tearful send-off yesterday as former US president George
Bush Senior and other senior figures attended his memorial service in Houston.
Bush was accompanied by his wife and former senior aides James Baker and
Robert Mosbacher, the Guardian reports.
Drayton McLane, the owner of major league baseball team the Houston Astros
was also in attendance as was former Houston mayor Bob Lanier, who had to be
rushed off to hospital after suffering a heart attack at the service.
Lay was affectionately known as ‘Kenny boy’ by the Houston elite. He died
last week in the luxury ski lodge of Aspen while waiting to be sentenced on six
counts of conspiracy and fraud.
Lay defrauded investors by million of pounds and was responsible for the loss
of 21,000 jobs after Enron collapsed following an accounting scandal.
Accountancy Age Jobs is delighted to announce the launch of a brand new look website for finance and accountancy professionals
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