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Ex-Enron chief could benefit as Supreme Court ruling weakens anti-corruption law
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Contributor | RP |
Last Edited | RP Jun 24, 2010 02:12pm |
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Category | Legal Ruling |
Author | David G. Savage |
Media | Newspaper - Los Angeles Times |
News Date | Thursday, June 24, 2010 02:10:00 PM UTC0:0 |
Description | A Supreme Court ruling Thursday dealt a severe blow to legislation meant to fight public corruption and also could affect the recent convictions of former Enron chief Jeffrey Skilling and former newspaper magnate Conrad Black.
In ruling on "honest-services fraud," the justices said Skilling and Black were wrongly convicted on that charge. All nine justices agreed that such fraud was too vague to constitute a crime unless a bribe or kickback was involved. But both men were convicted on other charges, and the Supreme Court sent their cases back to lower courts for further proceedings .
Former Gov. Rod Blagojevich currently is being tried on multiple charges of corruption, including depriving the public of honest services.
Over the last two decades, the law against honest-services fraud has been used routinely in cases in which public officials or corporate executives have been accused of secretly scheming to benefit themselves at the expense of the public or their stockholders. |
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