Daniel Petrocelli, Jeffrey Skilling’s defense attorney in his criminal trial, elicited testimony on Wednesday from former Enron Corp. Chief Financial Officer Andrew Fastow that distances Skilling and his co-defendant Kenneth Lay from Fastow’s illegal actions at the company.
In response to aggressive cross-examination from Petrocelli, Fastow admitted to conspiring with former Enron executive Michael Kopper to unlawfully obtain millions of dollars from Enron through various “scams” over several years beginning in the late 1990s. But Fastow testified that Skilling, former chief executive officer at Enron, got “zero” money from those unlawful deals. Former Enron Chairman Lay also got nothing from several of the deals, Fastow testified during his second day on the witness stand in the fraud and conspiracy trial.
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