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.

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

5m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

8m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

1y Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

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

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor