Enron’s Skilling surrenders to FBI

Link: Skilling reasserts innocence at Enron hearing

Surrounded by lawyers, Skilling walked into the FBI’s headquarters in Houston. He is expected to appear in court later in the day.

The Houston Chronical claims that Skilling has been indicted for criminal acts in the collapse of the company, and would be the highest ranking former Enron executive to be charged in relation to the scandal.

The news comes just a month after former chief financial officer, Andrew Fastow, popularly believed to be the brains behind many of the financial deals, pleaded guilty to two fraud counts in exchange for a 10-year prison sentence.

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