In his trial alongside Ken Lay in Houston, former Enron boss Jeff Skilling
has defended his decision to sell $63m of Enron stock shortly before the company
collapsed, in a wave of accounting scandals.
Testifying during the 12th week of the trial Skilling claimed he had ‘nothing
to hide’ and insisted the sales in 2000 and 2001, were proper and that he had no
idea an internal probe into Enron’s accounts had begun.
He and Enron founder Ken Lay are facing multiple charges in relation to the
collapse of the energy company in 2001.
Both deny any wrongdoing.
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