BusinessCompany NewsLay and Skilling to be sentenced on September 11

Lay and Skilling to be sentenced on September 11

Lay and Skilling will be sentenced by judge Tim Lake on September 11

Kenneth Lay and Jeffrey Skilling, the former heads of Enron, will be
sentenced by judge Tim Lake in September after a jury found them both guilty of
fraud and conspiracy.

Tim Lake, who judged the case, said he would sentence Skilling and Lay on
September 11, according to reports by Bloomberg.

Lake also said that he would not place Skilling into ‘home confinement’.
Skilling will be allowed to remain free on a $5m ‘cash bond’, Bloomberg
reported.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

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

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor