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.
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