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A federal jury on Thursday ordered two former Westar Energy Inc. executives convicted of looting the utility to relinquish millions of dollars in cash and assets. Former CEO David Wittig was told to hand over his home, thousands of shares of stocks, a life insurance policy and $9.7 million in bonuses and other payments made while he worked at Westar. Former chief strategy officer Douglas Lake was ordered to turn over $2.5 million in stock dividends and sales, as well as several thousand stock shares.
September 19, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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