Corp-Ethics.com - Report: Skilling denies cover-up at Enron

Company	Enron [Company Info]
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Date	Issue	Title
11th Apr 2006	Questionable Practice	Skilling denies cover-up at Enron

Report

Former Enron chief Jeffrey Skilling has denied encouraging Enron workers to falsify profits at the firm.

In his second day of giving evidence at a trial in Houston he added prosecution witnesses had lied when they said he was part of such a cover-up.

"Did you ever have a single conversation where you sat down with anyone at Enron where you said in so many words, 'Look we're not cutting it, we need to break the law?'" Mr Skilling's defence lawyer asked.

"No, I never did that," the former Enron chief executive replied.

Mr Skilling also continued to tell the jury in the federal court that Enron had been putting in a "very strong competitive performance" throughout the 1990s.

He added that there was "no truth whatsoever" in prosecution claims that he had begun lying about the state of the firm's finances as early as 1999.

He was also questioned as to whether he was capable of spearheading a plot to convince investors the company was in a better position than it actually was.

"Are you smart enough to mastermind this kind of conspiracy and pull it off without getting caught for years?" Mr Petrocelli went on.

"I don't think so," Mr Skilling said.

The comments come a day after he declared his "absolute innocence" in the case and vowed to "fight those charges till the day I die".

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13th Aug 2006	Fraud Investigation	Enron	Prosecutors raise Enron boss fine
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15th May 2006	Fraud Investigation	Enron	Enron bosses 'stole to pump egos'
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24th Apr 2006	Fraud Investigation	Enron	Lay 'devastated' by Enron failure
18th Apr 2006	Fraud Investigation	Enron	Skilling defends Enron share sale
13th Apr 2006	Fraud Investigation	Enron	Skilling slams Enron prosecutors
12th Apr 2006	Fraud Investigation	Enron	Enron 'held no cookie jar fund'
10th Apr 2006	Fraud Investigation	Enron	I'm innocent says ex-Enron chief
3rd Apr 2006	Fraud Investigation	Enron	Key Enron witness 'lied in court'
22nd Mar 2006	Fraud Investigation	Enron	Enron treasurer tells of 'lies'
16th Mar 2006	Fraud Investigation	Enron	Enron whistleblower condemns Lay
14th Mar 2006	Fraud Investigation	Enron	Key Enron witness 'duped bosses'
9th Mar 2006	Fraud Investigation	Enron	Lay 'lied about Enron finances'
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27th Feb 2006	Fraud Investigation	Enron	Enron money man 'raided reserves'
13th May 2005	Fraud Investigation	Enron	Former Enron executive sentenced
9th Jan 2005	Fraud Investigation	Enron	Enron bosses agree $168m payout
3rd Nov 2004	Fraud Investigation	Enron	Convictions in Enron fraud trial
28th Jun 2004	Other Issue	Enron	Enron ex-boss breaks his silence

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