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Ex-Enron CEO Skilling again asks to be freed while convictions appealed

Ex-Enron CEO Skilling again asks to be freed while convictions appealed

Former Enron chief executive Jeffrey Skilling _ serving a 24 year prison sentence for his role in the once-mighty energy company's collapse _ has again asked to be free on bond while his case is appealed.
The request was included in a 161-page court filing Skilling's attorney, Daniel Petrocelli, submitted to the 5th U.S. Circuit Court of Appeals on Friday as part of his client's appeal of his May 2006 conviction.
"Mr. Skilling is not a flight risk or danger to the community. He is inalterably committed to vindicating himself," Petrocelli wrote.
Just before he reported to a Minnesota federal prison in December 2006, Skilling asked to remain free on bond pending his appeal. The request was denied.
Skilling was sentenced in October 2006 to more than 24 years in prison for his role in the collapse of Enron Corp., once the nation's seventh-largest company.
He became the highest-ranking executive to be punished for the accounting tricks and shady business deals that led to the loss of thousands of jobs, more than $60 billion in Enron stock value and more than $2 billion in employee pension plans after the company imploded in 2001.
A spokesman for the Justice Department did not immediately return a telephone call late Friday seeking comment on Skilling's request.
The filing is the second written part of Skilling's appeal of his conviction on 19 counts of fraud, conspiracy, insider trading and lying to auditors.


Updated : 2021-05-14 04:12 GMT+08:00