Enron jury retires to consider verdict
Defence team claims charges are ‘absurd’
Defence team claims charges are ‘absurd’
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
arguments.
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.
The numbers you crunch tell a story. Your expertis...
18yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View article