The jury in the trial of former Enron bosses Jeff Skilling and Ken Lay has
retired to consider its verdict after the defence teams wrapped up their closing
Defence lawyer Daniel Petrocelli said the prosecution’s claims were ‘absurd’
and called his client, Jeff Skilling, a ‘tortured man’.
‘You can say fraud to your heart’s content. No matter how many times you say
fraud, it doesn’t make it true,’ Petrocelli said.
Skilling faces 28 counts of fraud and conspiracy while Lay, Enron’s founder
is charged with six such offences.
They are accused of trying to hide $32bn (£18bn) of debts at the firm, but
deny any wrongdoing.
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