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
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements