Kenneth Lay, long-time chairman of Enron Corp., is expected to be indicted on criminal charges within the next two weeks regarding his activities during the final months at the failed energy company, according to sources. If the indictment is handed out, it most likely would resolve the biggest work of the Enron Task Force’s two-and-a-half-year investigation.
Criminal
Articles from Criminal
Shell Confirms DOJ Probe into Reserves Accounting
Royal Dutch/Shell Group confirmed that the U.S. Department of Justice (DOJ) has launched a criminal probe into its oil and gas reserves accounting. The company said last week it was unaware of a DOJ investigation (see Daily GPI, March 18).
March 25, 2004
Indictment Against Enron’s Former CEO Skilling Apparently Near
A criminal indictment against former Enron Corp. CEO Jeffrey Skilling apparently may be brought to the federal grand jury in Houston within the next few days, sources close to the U.S. Justice Department indicated Friday. The department has had various ex-executives of Enron under the microscope for more than two years, but an indictment of Skilling, 50, would target the highest level executive yet.
February 17, 2004
Indictment Against Enron’s Former CEO Skilling Apparently Near
A criminal indictment against former Enron Corp. CEO Jeffrey Skilling apparently may be brought to the federal grand jury in Houston as soon as this week, sources close to the U.S. Justice Department indicated Friday. The department has had various ex-executives of Enron under the microscope for more than two years, but an indictment of Skilling, 50, would be its richest catch yet.
February 16, 2004
CA Attorney General Challenges CPUC’s Proposed PG&E Settlement
California’s Attorney General Bill Lockyer, who has been pushing various civil and criminal actions related to the state’s 2000-2001 energy crisis, tossed a grenade into the proposed settlement between Pacific Gas and Electric Co. and state regulatory commission staff on Tuesday as alternate decisions on the case were being released by the California Public Utilities Commission.
November 20, 2003
Judge Dismisses False Reporting Charges Against Former Dynegy Trader
Three of the seven criminal charges against ex-Dynegy Corp. natural gas trader Michelle Valencia were dismissed Wednesday by a district judge in Houston who ruled that the charges were too broad. U.S. District Judge Nancy Atlas granted a motion to drop the charges of false-price reporting because she said they were “unconstitutionally over broad.”
August 29, 2003
Sources: Fastow Indictment Imminent
Andrew Fastow, Enron Corp.’s disgraced former CFO, was “likely” to be indicted on fraud and other criminal charges by a Houston federal grand jury on Wednesday, according to Reuters, which cited unnamed sources. The prosecution had 30 days after it charged Fastow to issue an indictment, and the deadline is Thursday.
October 31, 2002
Kopper to Plead Guilty to Conspiracy Charges in Enron Scandal
Former Enron executive Michael Kopper is expected to plead guilty to criminal conspiracy charges Wednesday for his role in the Enron scandal and return an estimated $12 million that he pocketed from illegal partnership deals, according to published sources.
August 21, 2002
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
