BusinessCompany NewsMore executives charged over Enron affair

More executives charged over Enron affair

Eight key figures in the downfall of Enron the failed energy company were yesterday charged with fraud and other misdemeanours as US prosecutors claimed a 'significant milestone' had been passed.

Link: Sarbanes-Oxley

Seven former executives were charged, including the heads of the Broadband division, alongside Lea Fastow, the wife of former chief financial officer Andrew Fastow.

Six counts of tax fraud and conspiracy were levelled at Mrs Fastow, who surrendered to authorities yesterday, claiming involvement in the off-balance sheet partnerships that her husband devised.

The government has also added another 31 charges to the indictment against Mr Fastow handed down in October, including insider trading and money laundering.

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