Enron Executive perjury could face fees, said the director of test

Leader congressional investigations into the flat collapse of Enron said yesterday evening that she did not think the sworn testimony of the former CEO of Enron, Jeffrey Skilling, a congress of deputies, and suggested that Mr. Skilling could view the formal accusations of perjury.

His testimony in question, as they prepared to hear Enron’s former chairman, Kenneth Lay, is due to testify tomorrow. Two committees of Mr. brüskiert Lay a week ago have ordered him.

“We will be tough, but with respect to question Lay, Byron Dorgan, a Democratic senator, North Dakota, told CNN. But while Mr. Lay must show his spokesman said last night, he reaffirmed that his right to not to foreclose and to refuse to answer questions.

“Under the direction of counsel, Mr. Lay exercise their fifth amendment rights of the hearing Tuesday,” said Kelly, Kimberly Houston. She went farther back, comment.

The scepticism expressed by members of Congress after revelations that the leaders of the failed American energy companies premiums were paid up to $ 5 million (£ 3.5 million) Shortly before the largest bankruptcy in History of the company. The size of the award ceremony, born yesterday, others outrage of thousands of Enron workers lost their jobs and, in many cases, their life savings after the collapse.

After a week of intense consultations, the lawmakers say they have strong evidence of illegal activities around the bankruptcy. A House of Representatives’ investigation panel heard testimony pm on Thursday, Mr. Skilling, has been Chief Executive Officer of Houston, established enterprises, and other officials. Mr. Skilling said he knew that some details of the complex networks of partnerships, in which Enron, and insisted he was never warned of problems with the regulations.

But two Republican members of Congress, Jim Greenwood of Pennsylvania and Billy Tauzin of Louisiana, told CBS television, it do not believe him. “It was quite incredible,” said Tauzin. “This is the guy who was with the company _ I fear it may, in some legal danger as the result of [her testimony].”

The question of whether Mr. Skilling could perjury before an indictment by federal prosecutors, Mr. Tauzin said: “You can not come to Congress _ oath that, as he did, and then not telling the truth.”

Even Mr. Skilling mother asked what he had said: “If you are the CEO and you are on the Board of Directors, you need to know what’s happening with the rest of the company,” said Betty Skilling Newsweek magazine. “We can not tailor.

Mr. Tauzin and Mr. Greenwood cited instances in which Mr. Skilling said he could not remember details of the discussions, which had subordinates testified they had with him on the finances of Enron. The company is President and Chief Operating Officer Jeffrey McMahon, said he had been transferred from his job as treasurer shortly after he complained M. Skilling controversial partnerships, in March 2000. Mr. Skilling spokeswoman, Judy Leon, a phone is not seeking advice immediately comment.

Doubts concerns were expressed regarding Mr. Skilling’s testimony the same day that CNN revealed that about 500 Enron employees had received windfalls ranging from $ 1000 to $ 5m. The payments are made on personnel, as the company before the collapse. For the money, staff agree to stay for 90 days.

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