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Feds ask to try Ken Lay in May or June
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| Contributor | RP |
| Last Edited | RP Apr 06, 2005 07:17pm |
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| Category | General |
| Media | Newspaper - Houston Chronicle |
| News Date | Tuesday, April 5, 2005 01:15:00 AM UTC0:0 |
| Description | Former Enron Chairman Kenneth Lay was perhaps Houston's most influential power broker before he retired in January 2002.
The Enron Task Force asked a federal judge today to try ex-Enron Chairman Ken Lay on his personal banking fraud charges in May or June.
Heavily quoting from Lay's statements, interviews and a post-indictment press conference in which Lay repeatedly insisted on a speedy trial, task force director Andrew Weissmann is asking U.S. District Judge Sim Lake to quickly try the four bank charges that don't relate to Lay's work at the helm of Enron.
Last month Lay, for the first time since his indictment last July, abandoned his many speedy trial requests and asked that his four bank charges be tried after the end of his Enron fraud trial. That fraud case is set to commence in January 2006 and likely to last months, possibly half a year. |
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