Arab Today, arab today exenron ceo gets 10 years slashed from sentence
Last Updated : GMT 11:14:58
Arab Today, arab today
Arab Today, arab today

Ex-Enron CEO gets 10 years slashed from sentence

Arab Today, arab today

Arab Today, arab today Ex-Enron CEO gets 10 years slashed from sentence

Houston - XINHUA

Former CEO of the once energy giant Enron Corp., Jeffrey Skilling, was resentenced to 14 years in prison by a U.S. federal court Friday, 10 years less than his previous sentence, local media reported. U.S. District Judge Simeon Lake shaved 10 years off Skilling\'s term, accepting a deal struck between prosecutors and Skilling\'s lawyers that will end years of appeals, the real-time report of the Houston Chronicle said. More than 40 million U.S. dollars of Skilling\'s fortune, which has been frozen since his conviction in 2006, will be distributed to victims of Enron\'s collapse under the deal. Enron, once the seventh largest company in the U.S. and headquartered in Houston, Texas, collapsed and filed bankruptcy proceedings in 2001, after years of accounting tricks could no longer hide billions of U.S. dollars in debts or make failing ventures appear profitable. Skilling was convicted of multiple federal felony charges relating to Enron\'s financial collapse and is currently serving his prison sentence at the Federal Correctional Institution-Englewood in Littleton, Colorado. Enditem

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today exenron ceo gets 10 years slashed from sentence Arab Today, arab today exenron ceo gets 10 years slashed from sentence

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today exenron ceo gets 10 years slashed from sentence Arab Today, arab today exenron ceo gets 10 years slashed from sentence

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday