"Skilling Spree" May Violate Bail

New York (April 23, 2004) -- Troubles seem to keep mounting for former Enron chief executive Jeff Skilling.

Following an April 9 incident in New York where the disgraced CEO was taken to a local hospital after he allegedly accused several passersby and restaurant patrons of being undercover FBI agents, prosecutors now charge that the incident violated the terms of his $5 million bail, according to published reports.

A court filing says that Skilling’s blood alcohol level was 0.19, Reuters reported. According to the article, police responding to the scene described Skilling as "uncooperative and intoxicated," and at one point, Skilling allegedly tried to remove the license plate from a car.

The motion requests a hearing to discuss possible changes to his bail.

Skilling pleaded not guilty to 35 counts of fraud, insider trading and lying about the financials of the now-bankrupt energy trader, and was subsequently freed on a bond in February. Skilling's attorney has said that his client regrets the incident.

-- WebCPA staff

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