Thursday, February 19, 2004

Enron boss surrenders to FBI

Times Online - Enron boss surrenders to FBI:

From Agencies

Jeffrey Skilling, the former Enron chief executive, has surrendered to the FBI following reports that he had been indicted for his part in the collapse of the former energy giant.

Mr Skilling, who resigned from Enron less that four months before the company failed, entered the FBI's Houston headquarters accompanied by a team of lawyers at 6:52am local time.

The surrender follows reports that he had been indicted yesterday by a federal grand jury. Mr Skilling is expected to appear in court later today.

Mr Skilling would be the most high profile Enron executive yet to face criminal charges over the demise of the power trading company, which filed for bankruptcy in December 2001 in one of America's most notorious corporate collapses."