|Home||Company Search||Related Articles||Forum (new!)|
|Company||Enron [Company Info]|
|Track this Company (an email will be sent to you everytime a report is filed about this company)|
|11th Apr 2006||Questionable Practice||Skilling denies cover-up at Enron|
|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".
|Other Reports on Enron|
|26th Sep 2006||Fraud Investigation||Enron||Fastow gets six-year term|
|13th Aug 2006||Fraud Investigation||Enron||Prosecutors raise Enron boss fine|
|25th May 2006||Fraud Investigation||Enron||Lay and Skilling guilty|
|15th May 2006||Fraud Investigation||Enron||Enron bosses 'stole to pump egos'|
|11th May 2006||Fraud Investigation||Enron||Judge deals blow to Enron accused|
|26th Apr 2006||Fraud Investigation||Enron||Enron feared witch hunt, Lay says|
|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'|
|7th Mar 2006||Fraud Investigation||Enron||Enron bosses hid massive losses|
|1st Mar 2006||Fraud Investigation||Enron||Enron 'pretty fast and loose with its rules'|
|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|
|Related Reports from the Utilities Industry|
|Southern Water||Questionable Practice||UK Southern Water fined 40million|
|National Grid||Other Issue||£41m meters fine for National Grid|
|Southern Water||Fraud Investigation||Serious Fraud Office to probe Southern Water|
|Westar Energy||Fraud Investigation||Ex-Westar CEO Wittig Gets 18-Year Sentence|
|British Gas||Questionable Practice||British Gas complaints 'double'|
|© 2006 Corp-Ethics.com | Corporate Ethics|