With a pivotal government witness waiting in the wings, a defense lawyer in the Enron fraud trial sought to cast doubt on a former broadband unit executive's dramatic claim that CEO Jeffrey Skilling fretted in 2001 that "they're on to us." Under cross-examination by Skilling lawyer Mark Holscher, Kevin Hannon conceded it was possible Skilling was just being sarcastic. On the witness stand Monday, Hannon also admitted he had lied to the SEC.
March 07, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
With a pivotal government witness waiting in the wings, a defense lawyer in the Enron fraud trial sought Monday to cast doubt on a former executive’s dramatic claim that CEO Jeffrey Skilling fretted in 2001 that “they’re on to us.”
Kevin Hannon, a former Enron Corp. broadband unit executive, testified last week that Skilling made the remark when analysts criticized sales Enron made to partnerships run by its own chief financial officer, Andrew Fastow.
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